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Support is available for Serving Personnel, Reservists and their family members to help them pay off existing debt and save money on their monthly loan. My bank account is so much easier to manage now! Testimonial Image. HM Forces, Army, Infantry. James. Officers and enlisted members can authorize payment for personal loans, which would include a debt consolidation loan. By consolidating your debt, you make it.

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Debt consolidation typically involves taking out a new loan and using those proceeds to pay off existing debts. This could be a good strategy if you are looking. Looking to consolidate all your debts? Our Debt Consolidation Loan helps you manage all your existing loans with one easy repayment. Military Debt Consolidation Loans (MDCL) involve refinancing the existing VA loan on your home. An MDCL is not actually debt consolidation for veterans that.

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All of our services, including participation with our debt management plan, are % free for active duty Military Members, regardless of the branch of. Looking to consolidate all your debts? Our Debt Consolidation Loan helps you manage all your existing loans with one easy repayment. If you have equity in your home and you're eligible for home loan benefits, you may be able to get a VA cash-out refinance loan to pay down debt.