Can debt consolidation be used with installment lo

Can debt consolidation be used with installment loans like those with World Finance or Security Finance that use stereos or TV's as collateral?

3 Answers

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Yep…my previous poster is right. Debt consolidation is applicable only for the unsecured debts/loans, not for the secured one.


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You can use debt consolidation loans to pay off installment loans. 


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Well, debt consolidation loans are unsecured loans. You don't have to keep anything as collateral.


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