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  2. Pros and cons of debt consolidation

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

    American consumer debt — including mortgages, car loans, credit cards and student loans — reached $16.90 trillion in the fourth quarter of 2022, according to the New York Federal Reserve. This ...

  3. Does Debt Consolidation Hurt Your Credit?

    www.aol.com/finance/does-debt-consolidation-hurt...

    Learn how debt consolidation can impact your credit. See the long-term effects on your credit score and how debt management can improve your credit.

  4. Debt relief: Pros and cons - AOL

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

    Consolidation is a common route for most borrowers, as there are numerous benefits and minimal risks, regardless of whether you choose to take out a new loan or opt for a 0 percent APR credit card ...

  5. Alternatives to debt relief - AOL

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

    There are many ways to consolidate debt, including taking out a new loan, line of credit or balance transfer credit card to pay off multiple debts. Consolidation can make your debt more manageable ...

  6. Debt consolidation vs. Bankruptcy: Which is right for you?

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

    Debt consolidation is the process of rolling multiple credit cards or loans into a single credit line or loan. You’ll still owe the same amount. With fewer creditors, you won’t have to juggle ...

  7. 4 types of debt you can consolidate

    www.aol.com/finance/3-types-debt-consolidate...

    For example, if your APR is 16% on your credit card and you consolidate $10,000 in debt with a new, 24-month personal loan with a 7.5 percent rate, you could save: Nearly $1,100 in interest fees ...

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