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Using a Low Rate Home Equity Loan for Debt Consolidation
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By John Mussi

Although it is not always economically sound to use a low rate home equity loan to consolidate your debt, there are times when this purpose is the most viable alternative. Certainly, each situation is going to be different, so you will need to look at your personal finances and make a decision that is right for you.

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Determining the need for a consolidation loan

Before you use a low rate home equity loan for consolidation of debt, it

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