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  2. 5 steps to apply for a debt consolidation loan

    www.aol.com/finance/5-steps-apply-debt...

    Step 5: Receive funds and start making payments. Once you finalize your loan documents with your lenders, there are two ways to consolidate your debt: your lender pays your creditors or gives you ...

  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 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 ...

  4. How to consolidate debt without hurting your credit

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

    The idea here is to pay a lower interest rate on a consolidation loan or balance transfer credit card than you currently have. This is doable with a “good” credit score, which is at least 670 ...

  5. Debt consolidation - Wikipedia

    en.wikipedia.org/wiki/Debt_consolidation

    e. 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] The process can ...

  6. 5 best debt consolidation options

    www.aol.com/finance/5-best-debt-consolidation...

    Using the example above, if you take out a $5,000 debt consolidation loan with a three-year term and an 11 percent fixed interest rate, you’ll pay $164 per month and $892.97 in interest over the ...

  7. How do you qualify for a debt consolidation loan?

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

    1. Check your credit score. You’ll typically need a credit score of at least 700 to qualify for a debt consolidation loan with a competitive interest rate. Although a lower credit score doesn ...

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