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Debt consolidation loans: There are loans specifically designed for combining and paying off debts. Some of the best lenders offer rates that can rival home equity rates if your credit is excellent.
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 ...
Cash-strapped Americans are using their homes to pay down debt and keep up with the rising cost of living. Use of home equity lines of credit — a type of revolving loan that developed a troubled ...
Your credit score: One goal of debt consolidation is to reduce the interest rate on your debt. The idea here is to pay a lower interest rate on a consolidation loan or balance transfer credit card ...
Roughly bordered by Cottman Avenue to the south, Pennway Street to the west, the Pennypack Creek to the north, and Roosevelt Boulevard to the east, Rhawnhurst encompasses ZIP codes 19152 and part of ZIP code 19111. The geographic center of Rhawnhurst is at the intersection of Castor Avenue and Rhawn Street.
That said, interest rates on debt consolidation loans range from about 7.5 percent to 36 percent. If your credit score is fair or poor, you may see rates toward the top of the range.
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