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Is Debt Consolidation a Good Idea?

It is so hard to figure out the best way to deal with my messed up financial situation. Can anyone tell me where I can find out more about the pros and cons of debt consolidation? I have been thinking this might make things easier for me, but I don’t want to take a huge ding on my credit rating if I can avoid it. I am not sure how this would affect my credit rating, so I want to find out about that before I do anything. I also want to find out whether there are a lot of extra expenses if you do this.

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