Debt Consolidation loan is a loan program that functions by combining mounting debts into a single, manageable and well organize loan. A secured type of loan, debt consolidation protects the property and provides lenders a much higher capability to lend. This is the most common debt relief of elucidation that many debtors turn to, and why not?(Not only does debt consolidation makes multiple mortgages easy to manage but it also offers lower interest rate and lowers the amount to be paid monthly. All the unsecured and neglected debts will be processed and will be merge into a single general loan. [Read more…]