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Beyond Consolidation and Settlement: Other Debt Relief Options Credit Counseling. Non-profit agencies offer free or low-cost advice and can help create a debt management plan tailored to your needs.
Debt consolidation. Debt consolidation combines multiple debts under a new personal loan or credit card to streamline repayment. Consolidating makes the most sense if you qualify for a lower rate ...
While it’s a helpful tool for some, typically four types of debt can be consolidated: credit card debt, student loan debt, medical debt and high-interest personal loan debt. Credit card debt
Debt consolidation can be accomplished with a personal loan or credit card, depending on your needs. Competitive rates typically go to those with good to excellent credit — FICO credit scores of ...
Debt settlement is a process that lets you settle large amounts of debt for less than you owe, and it is offered through for-profit debt settlement companies. Typically, these programs ask you to ...
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 ...
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