Tuesday, November 15, 2005

The Truth About Debt Consolidation Loans (Avoiding Potential Pitfalls)

The Truth About Debt Consolidation Loans (Avoiding Potential Pitfalls): "Most of the online debt consolidation loans companies work something like this:

* You fill out a brief 1 or 2 page online form. This can normally be done in just a few minutes.
* The online debt consolidation loan company sends this form to its network of banks.
* You receive back a return email. This contains the best offers from the network of banks.
* You select the loan offer you like best (normally the one with the lowest interest rate).

It is really that easy. If you like any of the offers you just reply to the email, indicating which offer you want to accept or to request more information. And all of this costs you nothing! There should never be an application fee."
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