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

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

    Weigh the pros and cons to decide if debt consolidation is right for your situation. ... Your debt consolidation loan could come with more interest than you currently pay on your debts. This can ...

  3. 8 Ways to Use a Debt Consolidation Loan for Your Credit Card Debt

    www.aol.com/8-ways-debt-consolidation-loan...

    What Are The Cons of Debt Consolidation for your Credit Card Debt? Higher Monthly Payments: Compared to credit cards which often allow for small minimum payments, with a debt consolidation loan ...

  4. Debt consolidation vs. debt payoff vs. debt counseling: What ...

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

    After comparing lenders online, she qualifies for a debt consolidation loan at 12% interest for five years. Her new single payment is $556 monthly, saving her $194 per month and about $4,000 in ...

  5. How to consolidate debt without hurting your credit

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

    Debt consolidation doesn’t get rid of your debt, but it can help you pay it off efficiently. You should weigh the pros and cons and know how it will affect your credit score to decide if debt ...

  6. Debt consolidation with a personal loan

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

    A debt consolidation loan is a type of personal loan. Some lenders offer them as different products, but they follow the same principles. ... Pros and cons of debt consolidation with a personal loan.

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

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

    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 a more ...

  8. Debt relief: Pros and cons - AOL

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

    Debt consolidation takes place when you move two or more of your existing debts into one new debt, typically with the help of a product like a debt consolidation loan or a balance transfer credit ...

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

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

    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.

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