What is debt consolidation?
Over a period of time, a person is likely to incur debt in the form of various loans. It could be a loan related to education, home, business and/or your credit card.
All the loans are to be repaid in installments on a monthly basis so as to not attract penalties. Keeping a track of these loans can sometimes become difficult and bothersome especially if one forgets a payment amongst many. This is where companies like Maybank can help simplify life by offering the best debt consolidation plan. They consolidate all your debts under one roof, making a fixed payment every month on your behalf towards all your outstanding debts.