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2. Personal or unsecured loans. After credit cards, prioritize paying off personal and unsecured loans next. These loans have an average interest rate of 11.92%, but rates can go up to 35.99% ...
You can convert up to 85 percent of your property’s equity into cash and use it to consolidate debt with a home equity loan. It acts as a second mortgage with a five-year repayment period of ...
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 ...
3. Plan your withdrawal strategy. Most retirement strategies plan for saving, not spending. So it’s not always easy to remember that there will come a time you have to spend the money you’ve ...
Access to an employer 401(k) ... Debt consolidation may be a good idea if you have multiple high-interest debts. Combining them into one new loan can help you qualify for a lower interest rate ...
LightStream is a division of Truist Bank and offers a host of benefits for debt consolidation loans, including $0 fees, same-day funding, loan terms up to 84 months and loan limits up to $100,000.
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