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Her financial planner recommended

 
 
tintin
 
Reply Thu 18 Feb, 2010 08:36 pm
Here is a text ...


Her financial planner recommended that Susan should consolidate high-interest loans, close unnecessary credit cards, and budget her monthly finances

what does 'consolidate high-interest loans' means ? what exactly 'consolidate' means ? I knew 'consolidate' means 'together' ... but this seems does not fit here .





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Type: Question • Score: 2 • Views: 1,117 • Replies: 8
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Joe Nation
 
  1  
Reply Thu 18 Feb, 2010 09:12 pm
It means combine the loans into one.

Suppose she had three loans, all at different interest rates, she would combine them all into one large loan and try to negotiate a lower interest rate.
JTT
 
  1  
Reply Thu 18 Feb, 2010 09:29 pm
@tintin,
Here is [a] some text ...


Her financial planner recommended that Susan should consolidate high-interest loans, close unnecessary credit cards, and budget her monthly finances

what does 'consolidate high-interest loans' mean[s] ? what exactly does 'consolidate' mean[s]? I knew 'consolidate' means 'together' ... but this seems like it does not fit here .
tintin
 
  1  
Reply Thu 18 Feb, 2010 10:00 pm
@Joe Nation,
>>>Suppose she had three loans, all at different interest rates, she would combine them all into one large loan and try to negotiate a lower interest rate.

wow ...I did not know this ! glad to know this information . Thank you very much for your help


0 Replies
 
tintin
 
  1  
Reply Thu 18 Feb, 2010 10:07 pm
@JTT,
Thanks JTT for those correction. Those were very much helpful.

I have a little query here ..... is not 'what exactly consolidate means' correct ? I'm asking because probably I have heard people saying like this . or is it just a spoken version ? anyway, I appreciate your help.

Thanks for your time.

dadpad
 
  2  
Reply Fri 19 Feb, 2010 01:04 am
what exactly does consolidate mean?

I have heard people saying it like this.

Quote:
I'm asking because probably I have heard people saying like this


They are saying it incorrectly.
JTT
 
  1  
Reply Fri 19 Feb, 2010 12:30 pm
@tintin,
I can't say that it's impossible that you've heard that, Tintin, but it certainly isn't at all common.
0 Replies
 
engineer
 
  1  
Reply Fri 19 Feb, 2010 01:10 pm
@dadpad,
If you change the tense of the verb, you can use "means". Consolidate means join together.
JTT
 
  1  
Reply Fri 19 Feb, 2010 01:46 pm
@engineer,
There's no change in tense there, Engineer.
0 Replies
 
 

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