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  2. Debt consolidation - Wikipedia

    en.wikipedia.org/wiki/Debt_consolidation

    Debt generally refers to money owed by one party, the debtor, to a second party, the creditor.It is generally subject to repayments of principal and interest. [9] Interest is the fee charged by the creditor to the debtor, generally calculated as a percentage of the principal sum per year known as an interest rate and generally paid periodically at intervals, such as monthly.

  3. How does debt consolidation work? Answers from someone who’s ...

    www.aol.com/finance/debt-consolidation-loans...

    Debt consolidation is a form of debt refinancing in which the borrower takes out a loan, credit card or line of credit and uses it to pay off other debts. This helps debt repayment as the borrower ...

  4. What is a debt consolidation loan — and how can it help you ...

    www.aol.com/finance/what-is-a-debt-consolidation...

    A debt consolidation loan is best for when you have unsecured debt that you can’t pay off within a year — such as credit cards and high-interest personal loans. Loan amounts can range from ...

  5. 4 types of debt you can consolidate

    www.aol.com/finance/3-types-debt-consolidate...

    Debt consolidation can make repayment easier by consolidating multiple accounts into a single one. Consolidating debt can save you money on interest and help you get out of debt faster, depending ...

  6. These are the best debt relief options — which is ... - AOL

    www.aol.com/finance/different-debt-relief...

    Debt consolidation combines multiple debts under a new personal loan or credit card to streamline repayment. Consolidating makes the most sense if you qualify for a lower rate than what you had on ...

  7. How to consolidate debt without hurting your credit

    www.aol.com/finance/consolidate-debt-without...

    Debt consolidation lets you to roll debts into a single account. This process can make your life easier. You can merge multiple monthly payments to different creditors and lenders into one payment ...

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