Q: Will credit card consolidation lower my interest rates?

A: In most cases, yes. In fact, this is one of the primary reasons for consolidating credit card debts. If a credit card consolidation plan doesn't lower your interest rates, then you should probably look for another plan.

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Please Note: Unsecured debts are debts such as credit cards, personal loans, lines of credit, store cards, medical bills, and utility bills that are not secured by collateral. Mortgages and car loans are NOT considered unsecured debt.
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