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

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

   Debt consolidation combines multiple loans into one monthly payment. Debt consolidation only makes sense if the interest costs of your new loan or line of credit are lower than the interest costs ...

3. 5 best debt consolidation options

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

   Bankrate’s take:Debt consolidation loanscan be used for consolidating credit card debt, medical debt and student loan debt. 4. Peer-to-peer loan. Peer-to-peer (P2P) lending platforms pair ...

4. How to pay off your credit card debt: A step-by-step game ...

   www.aol.com/finance/how-to-pay-off-credit-card...

   Balance transfer credit cards. debt consolidation personal loans. Best for debt amount. Under $10,000. ... paying $300 monthly would clear the debt in about 26 months with about $1,600 in interest ...

5. When to use a personal loan to pay off credit card debt - AOL

   www.aol.com/finance/personal-loan-pay-off-credit...

   Imagine you have $5,000 in debt on a credit card with a 17 percent APR and $7,000 in debt on a second credit card with a 21 percent APR. You are only able to put $100 towards each credit card per ...

6. 8 Ways to Use a Debt Consolidation Loan for Your Credit Card Debt

   www.aol.com/8-ways-debt-consolidation-loan...

   Higher Monthly Payments: Compared to credit cards which often allow for small minimum payments, with a debt consolidation loan, the monthly payment is typically set to ensure the loan is paid off ...

7. How to pay off credit card debt - AOL

   www.aol.com/finance/pay-off-credit-card-debt...

   Debt consolidation can be a useful way to combine multiple lines of high-interest credit card debt under a loan with one fixed, monthly payment — and it’s one 8 percent of YouGov/CreditCards ...