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  2. Effective strategies and tips to pay off debt - AOL

    www.aol.com/finance/pay-off-debt-compare...

    With a debt consolidation loan, you obtain a lump sum from a bank or personal lending institution with which you can pay off your debt and other loans. You then make monthly payments on the ...

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

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

    To calculate your potential savings through consolidation, use a credit card payoff calculator and a personal loan calculator. Debt consolidation vs. personal loan

  4. Debt Counselors: Which of These 3 Ways To Consolidate Debts ...

    www.aol.com/finance/debt-counselors-3-ways...

    A consolidation loan is a single loan used to pay off multiple debt balances, according to Martin Lynch, president of the Financial Counseling Association of America (FCAA). To qualify for one of ...

  5. These are the best debt relief options — which is ... - AOL

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

    In the case of a debt consolidation loan, that monthly payment will be fixed. But keep in mind that it will include added interest. Learn more: Bankrate's debt consolidation calculator.

  6. Debt snowball vs. debt avalanche method: Which payoff ... - AOL

    www.aol.com/finance/debt-snowball-vs-debt...

    Debt consolidation loans. These personal loans are used to consolidate and pay off your debt . They are best for credit card debt and other high-interest unsecured debt that you need a few years ...

  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 ...

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