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Debt Consolidation
Ever bothered to check how many loans you actually have? You might find you run a few - a home loan, car loan, personal loan and maybe others..
Each of these will have their own interest rate and set of fees. It's a good idea to roll all your accounts into one, so you only pay one set of fees . And if you still want separate accounts, it might pay to have them all with the one lender - many financial institutions offer you cheaper banking if you have your mortgage with them, for instance.
Also, you'll see your financial situation at a glance in the one statement.
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