Jun 13 2025, 08:14 PM
If the new interest on the loan is lower then it's a smart move.
This is what many financial advisors recommend also. Some banks offer loan consolidation with 6 to 12 months no interest.
If you are able to stick to the repayment plan it's a good deal
Do you think this is a smart move to clear a debt?, Someone I chatted with said it was
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