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

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

    The interest rate is fixed on most debt consolidation loans, which means you’ll get a predictable monthly payment that you can work into your budget. But a debt consolidation loan only makes ...

  3. 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 ...

  4. How to calculate loan payments and costs - AOL

    www.aol.com/finance/calculate-loan-payments...

    Starting loan balance. Monthly payment. Paid toward principal. Paid toward interest. New loan balance. Month 1. $20,000. $387. $287. $100. $19,713. Month 2. $19,713. $387

  5. What is a debt consolidation loan — and can it help you lower ...

    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 ...

  6. 10 Best Debt Consolidation Loans

    www.aol.com/10-best-debt-consolidation-loans...

    Low debt consolidation rates. High loan limits. Long loan terms available. Rapid funding ... after which you’ll have between 90 days and 72 months to pay off your loan in biweekly or monthly ...

  7. 4 types of debt you can consolidate

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

    You have high-interest private student loan debt. Your new loan (whether federal or private) carries a much lower APR than your current student loan debt. See related: How to consolidate student loans

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