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  2. 10 Best Debt Consolidation Loans

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    LendingClub: Best for Peer-To-Peer Loans. Best Egg: Best for No Prepayment Fees. Discover: Best for No Interest for 30 Days. Happy Money (Payoff): Best for Credit Card Debt. Upstart: Best for ...

  3. 5 best debt consolidation options

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    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 ...

  4. Choosing a debt consolidation lender: How to find the best

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    Debt consolidation loan interest rates. A debt consolidation loan can provide a lower interest rate than most credit cards. According to Bankrate data, the average personal loan currently has an ...

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

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    You’d have just one monthly payment to manage instead of three.Here’s how a debt consolidation loan can help you save on interest costs. Card 1 has a balance of $5,000 with an APR of 20 percent.

  6. What is a debt consolidation loan — and can it help you lower ...

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    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 ...

  7. 4 types of debt you can consolidate

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    Debt consolidation is when you take out a new loan to pay off multiple debts and simplify your repayment by potentially reducing the overall cost by securing better terms and interest. While it ...

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