You probably already know how getting a debt consolidation loan can help you improve your credit score. This strategy has proved to be rather useful for many people who found themselves stuck in debt. But do you know how many loans you can have at the same time? Multiple loans are most frequently taken when people underestimate the actual costs for an event they are organizing or a purchase they need to make. If this happened to you, you are probably thinking of taking another loan before you have fully repaid the existing one. Read on to find out about your options and make the right decision.
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