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Debt consolidation can be a good option for individuals with multiple student loans, as it allows them to combine their loans into a single payment and potentially lower the interest rate. However, it is important to be aware that some federal student loans come with unique benefits and protections that may be lost when consolidating. Additionally, private student loans may have stricter repayment terms and higher interest rates than federal loans.
At one time, without thinking, I got a lot of loans, and now I can’t pay them through high interest. I was advised to read the proper funding reviews. They say that you can trust some company that will take on all your debts and in the future, you will pay them only one loan. Tell me is it true? Should they be trusted?