https://www.dekut.com/Finance/best-student-loan-consolidation-2/ Understanding how loan consolidation functions is the first step in figuring out how to relate it to installment and payday loans. debt consolidation is using money borrowed from a new lender to pay multiple lenders. By doing this you simplify the existing debt by committing to one monthly payment instead of dealing with multiple lenders. Mon, 29 Aug 2022 15:28:49 UTC en