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2. 8 Ways to Use a Debt Consolidation Loan for Your Credit Card Debt

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   Higher Monthly Payments: Compared to credit cards which often allow for small minimum payments, with a debt consolidation loan, the monthly payment is typically set to ensure the loan is paid off ...

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

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

   A debt consolidation loan can provide a lower interest rate than most credit cards. According to Bankrate data, the average personal loan currently has an interest rate of around 12 percent. That ...

4. How to pay off credit card debt - AOL

   www.aol.com/finance/pay-off-credit-card-debt...

   Basic necessities — rent or mortgage, utilities, groceries and gasoline. Obligations — minimum payments on credit cards and other debt. Nice-to-haves — restaurants, coffee and entertainment ...

5. 4 types of debt you can consolidate

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   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 ...

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

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

   Debt consolidation combines multiple loans into one monthly payment. Debt consolidation only makes sense if the interest costs of your new loan or line of credit are lower than the interest costs ...

7. 5 best debt consolidation options

   www.aol.com/finance/5-best-debt-consolidation...

   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 ...