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

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

    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 ...

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

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

    Debt consolidation loans generally have terms between one and seven years, and many will let you consolidate up to $50,000. But debt consolidation isn’t the only way borrowers can use personal ...

  5. How to get debt relief - AOL

    www.aol.com/finance/where-debt-relief-help...

    If you have over $7,500 worth of unsecured debt and your credit is in bad shape, then seeking a program through a good debt relief company may be your best option. With a debt relief company, you ...

  6. Choosing a debt consolidation lender: How to find the best

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

    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 ...

  7. Debt relief: Pros and cons - AOL

    www.aol.com/finance/debt-relief-pros-cons...

    Debt consolidation may help you save money on interest, pay down debt faster or both. Cons of debt consolidation The 0 percent APR periods on balance transfer cards don’t last forever and will ...

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