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  2. Pros and cons of debt consolidation

    www.aol.com/finance/pros-cons-debt-consolidation...

    Takeaway: Because you use the loan funds to pay off other debts, debt consolidation can turn two or three payments into a single payment. This can simplify budgeting and create fewer opportunities ...

  3. How to consolidate debt without hurting your credit

    www.aol.com/finance/consolidate-debt-without...

    The idea here is to pay a lower interest rate on a consolidation loan or balance transfer credit card than you currently have. This is doable with a “good” credit score, which is at least 670 ...

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

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

    Debt consolidation is a form of debt refinancing in which the borrower takes out a loan, credit card or line of credit and uses it to pay off other debts. This helps debt repayment as the borrower ...

  5. What can I use a debt consolidation loan for?

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

    Key takeaways. Debt consolidation can be an effective way to manage and pay off multiple forms of debt, such as credit card debt, student loans and medical debt. Pros of debt consolidation include ...

  6. Debt consolidation - Wikipedia

    en.wikipedia.org/wiki/Debt_consolidation

    Personal finance. 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. 5 best debt consolidation options

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

    Debt consolidation loans are generally a good option for those with good to excellent credit. This is generally considered a credit score in at least the mid-600s and a history of making on-time ...

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