Meaning of the word: Consolidation
Debt consolidation is a consolidation of many loans to the one loan. It is convenient for a debtor who has many loans with high interest rate. The financial institution pay for the customer all his loans then repays only one loan with one interest rate, which is usually less than the sum of the previous interest.back to dictionary >
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iDNES is czech news portal. It was founded in 1998 and it is run by company MAFRA. MAFRA also distributes newspapers Mladá Fronta DNES. Currently…go to the dictionary >
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