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How It Works
01
Pre-debt consolidation loan preparations
The first part of the debt consolidation loan process happens just before you make the loan application. This is actually what most people skip or breeze through.
02
Going through the loan application process
The second part is going through the whole loan appl. process. If part 1 convinces you that debt consolidation loan is the right debt solution, then you can proceed to the following steps.
03
Consolidating debts with the approved loan amount
The last part is also the phase in debt consolidation that some people do not take seriously. This is actually where most of the pitfalls of this debt solution happens.