Definition
Programs that enable individuals who are having trouble meeting their existing obligations to take out a new loan that is used to pay off one or more existing loans. Rather than paying multiple separate bills each month, consumers typically have one, lower monthly payment and a longer repayment period.
URL Name
DM-1800-1700
Third Level Code
DM-1800
Taxonomy Code
DM-1800.1700
Parent Code
DM-1800
Family Code
D
Second Level Code
DM
Fourth Level Code
DM-1800-1700
Use References
Debt Refinancing Services
Publication Status
Online