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Debt consolidating mortgage calculator

The key is to keep making the same payment even when you don't need to, rather than spending the extra money that becomes available when you pay off a smaller debt.

The calculation is based on the information you provide and is for illustrative and general information purposes only.Use this debt consolidation calculator to determine how quickly you could get out of debt and how much interest you might save.While credit is very important to the economy, its abuse is harmful.Credit is extended with the faith that borrowers will repay the debt. Credit abuse increases the cost of credit to everyone.Goods and services are provided on credit with the expectation that they will be paid for with money in the future. One should never use credit to purchase things for which one will not be able to pay in the future.

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You may find that debt consolidation loans are the best option to help you formulate a path to financial freedom.

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