Glossary
Worried about your debt?
We can help!- Free initial consultation
- No obligation
- Talk to a professional
- Offices throughout Nova Scotia
- Private and confidential
- Get out of debt
1 (902) 401-6222
Debt Consolidation Loan
Definition:
A debt consolidation loan is used to combine several debts into a more favourable loan. The combined debt consolidation loan may have a lower interest rate and lower overall payments than the original debts.