Sentences with phrase «multiple old debts»

Debt consolidation is a strategy to roll multiple old debts into a single new one.

Debt consolidation allows borrowers to roll multiple old debts into a single new one.

Not exact matches

Debt consolidation means taking out one new loan and using those funds to repay multiple, older debts.

In particular, critics objected to the extension to eight years from six to the time before which debtors could liquidate their debts through bankruptcy, and requirements that those who file for multiple bankruptcies pay previous credit card debt that would have been forgiven under the old law.

The TD Cash Rewards card charges a higher fee than most balance transfer cards to transfer old debt, so you might also want to think twice if you have multiple balances to combine.