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2. 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]

3. Pros and cons of debt consolidation: Is it a good idea?

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

   Meanwhile, the average personal loan rate is 12.38 percent. ... you’ll likely get a lower interest rate with a debt consolidation loan than what you’re currently paying on your credit card.

4. How to consolidate debt without hurting your credit

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

   TransUnion reported that the average debt per borrower was $6,360 as of Q3 2023. If you owe a lot of money on multiple credit cards and loans, debt consolidation can provide a way out ...

5. How to qualify for competitive rates on low-interest personal ...

   www.aol.com/finance/qualify-competitive-rates...

   Debt consolidation loans: Rather than looking at a low-interest personal loan, consider looking into a debt consolidation loan. When you consolidate, you take out a new loan (with a lower interest ...

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

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

   According to Bankrate data, the average personal loan currently has an interest rate of around 12 percent. That said, interest rates on debt consolidation loans range from about 7.5 percent to 36 ...

7. 4 types of debt you can consolidate

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

   Not only will consolidating your credit card debt simplify your repayment process, it can also save you thousands of dollars in interest accrual, as personal loans have an average interest rate of ...