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  2. Debt consolidation - Wikipedia

    en.wikipedia.org/wiki/Debt_consolidation

    Debt consolidation is a form of debt refinancing that entails taking out one loan to pay off many others. [1] This commonly refers to a personal finance process of individuals addressing high consumer debt , but occasionally it can also refer to a country's fiscal approach to consolidate corporate debt or government debt . [ 2 ]

  3. 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 a type of personal loan that you can use to manage and pay off high-interest debt, like credit cards. These loans allow you to roll multiple outstanding balances into ...

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

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

    Debt consolidation loans generally have terms between one and seven years, and many will let you consolidate up to $50,000. But debt consolidation isn’t the only way borrowers can use personal ...

  5. 4 types of debt you can consolidate

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

    For example, if your APR is 16% on your credit card and you consolidate $10,000 in debt with a new, 24-month personal loan with a 7.5 percent rate, you could save: Nearly $1,100 in interest fees ...

  6. Debt Counselors: Which of These 3 Ways To Consolidate Debts ...

    www.aol.com/debt-counselors-3-ways-consolidate...

    A consolidation loan is a single loan used to pay off multiple debt balances, according to Martin Lynch, president of the Financial Counseling Association of America (FCAA). To qualify for one of ...

  7. What can I use a debt consolidation loan for?

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

    A debt consolidation loan may make sense in a few cases, all of which revolve around the previously outlined benefits. You have a good or excellent credit score.

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