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

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

   Debt consolidation loans can help you manage your debt, but only if you can afford to make the monthly payments now and in the future. Debt consolidation is a popular way to manage and organize ...

3. 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 ...

4. What is a debt consolidation loan — and how can it help you ...

   www.aol.com/finance/what-is-a-debt-consolidation...

   A debt consolidation loan is best for when you have unsecured debt that you can’t pay off within a year — such as credit cards and high-interest personal loans. Loan amounts can range from ...

5. Debt Consolidation vs. Debt Settlement: Which Is Best for You ...

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

   Debt consolidation combines multiple debts into a single loan, often with a lower interest rate. The goal of consolidating debt is often to simplify monthly payments or reduce your interest rate.

6. 4 types of debt you can consolidate

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   Debt consolidation is when you take out a new loan to pay off multiple debts and simplify your repayment by potentially reducing the overall cost by securing better terms and interest. While it ...

7. 5 best debt consolidation options

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   Using the example above, if you take out a $5,000 debt consolidation loan with a three-year term and an 11 percent fixed interest rate, you’ll pay $164 per month and $892.97 in interest over the ...