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  2. Debt Consolidation Pros and Cons. Pros: Simplified monthly payments. Potentially lower interest rates (average reduction of 5-10%) Maintained or improved credit score if payments are made on time

  3. Alternatives to debt relief - AOL

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

    Working with a debt relief company can carry significant risks, like long-term credit damage, if your creditors don't agree to work with the company. Alternatives to debt relief include working ...

  4. Best debt relief options for credit card debt - AOL

    www.aol.com/finance/best-debt-relief-options...

    Beware of companies that claim to offer government-sponsored credit card debt forgiveness programs. Any claim of such a program is likely a scam. Options for credit card debt relief

  5. 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 ]

  6. These are the best debt relief options — which is right for you?

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

    Common forms include debt settlement, debt management, debt consolidation and bankruptcy. To decide which debt relief option is best, evaluate how each will impact your credit score and long-term ...

  7. Best debt relief options for credit card debt - AOL

    www.aol.com/finance/best-debt-relief-options...

    Beware of companies that tout government-sponsored credit card debt forgiveness programs. There aren’t any government-backed credit card relief programs, so any claims otherwise are likely scams.

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