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  2. 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 ...

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

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    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.

  5. Best debt relief options for credit card debt - AOL

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    Balance transfer credit cards offer another form of debt consolidation. In this scenario, you transfer your existing balances from high-interest cards to one new card with more favorable terms.

  6. 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 ]

  7. Debt management plan - Wikipedia

    en.wikipedia.org/wiki/Debt_management_plan

    Debt management plan (DMP) is an agreement between a debtor and a creditor that addresses the terms of an outstanding debt. [1] This commonly refers to a personal finance process of individuals addressing high consumer debt.

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