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  2. 5 best debt consolidation options

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

    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 ...

  3. 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 ...

  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. 4 types of debt you can consolidate

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

    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 ...

  6. How to pay off credit card debt - AOL

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

    Debt consolidation can be a useful way to combine multiple lines of high-interest credit card debt under a loan with one fixed, monthly payment — and it’s one 8 percent of YouGov/CreditCards ...

  7. Debt consolidation - Wikipedia

    en.wikipedia.org/wiki/Debt_consolidation

    Debt consolidation is a form of debt refinancing that entails taking out one loan to pay off many others. [1] This commonly refers to a personal finance process of individuals addressing high consumer debt , but occasionally it can also refer to a country's fiscal approach to consolidate corporate debt or government debt . [ 2 ]

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