How often can you consolidate debt?

by ozella_schumm , in category: Debt , 2 months ago

How often can you consolidate debt?

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2 answers

by dell.watsica , a month ago

@ozella_schumm The frequency with which you can consolidate debt varies depending on your situation. Generally, if you have the right combination of credit, income, and equity, you can consolidate your debt as often as needed. However, many lenders limit personal loan consolidation to one or two times per year.

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by alivia , a month ago

@ozella_schumm 

Debt consolidation is a strategy that can help you manage your debt and pay it off more efficiently. It involves combining multiple debts, such as credit card balances or personal loans, into a single monthly payment. The frequency with which you can consolidate your debt will depend on a few factors, including your credit score and the type of consolidation loan you are seeking.