Consolidating multiple loans means you'll have a single payment each month for that combined debt but it may not reduce or pay your debt off sooner.
You also need to make sure if they have any penalty fees for paying them out early.
It’s best you call the lender to confirm this, and if possible, get it in writing.
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Consolidating multiple credit accounts into one new loan with a single payment may help you lower your overall monthly expenses, increase your cash flow, and eliminate the stress of multiple monthly payments.