Difference between a debt consolidation loan and a debt consolidation mortgage?

What\'s the difference between a debt consolidation loan and a debt consolidation mortgage?

2 Answers

Yes, in the case of the latter, you'll have to pledge security against the loan. However, you may obtain a normal debt consolidation loan without pledging security against it. 


One is secured by property and one is not.

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com/statute-of-limitation.html

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