Meaning of “debt consolidator” in the English Dictionary

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"debt consolidator" in Business English

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debt consolidatornoun [ C ]


a company that provides services for managing debt, for example, a single new loan that is used for paying back several smaller debts:

Our debt consolidators will help your reduce interest charges, to lower your monthly credit card payments.

(Definition of “debt consolidator” from the Cambridge Business English Dictionary © Cambridge University Press)