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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. What can I use a debt consolidation loan for?

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

    Benefits and drawbacks of debt consolidation loans Securing a debt consolidation loan can be an excellent way to handle paying down your debts, but the move comes with risk.

  4. 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.

  5. 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 ...

  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...

    With a consolidation loan the amount of debt owed would still be on your credit report, but because personal loans are installment loans, they don’t impact your score as severely as credit cards ...

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