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People often turn to debt consolidation to manage multiple bills by taking out a second mortgage, unsecured loan, or using ripoff financing services. However, consolidating at a higher interest rate is not a wise move. Eighty-eight percent of those who consolidate debt end up overspending, lacking a budget, and accumulating even more debt. It's important to change spending habits to truly break free from debt. Borrowing more money doesn't solve the problem; it just shifts it.