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  2. When to use a personal loan to pay off credit card debt - AOL

    www.aol.com/finance/personal-loan-pay-off-credit...

    Debt consolidation works by taking out a single loan to pay off multiple other debts. True, consolidating debt with a personal loan means trading one kind of debt for another.

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

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

    Debt consolidation combines multiple loans into one monthly payment. Debt consolidation only makes sense if the interest costs of your new loan or line of credit are lower than the interest costs ...

  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. How to pay off credit card debt - AOL

    www.aol.com/finance/pay-off-credit-card-debt...

    Debt consolidation can be a useful way to combine multiple lines of high-interest credit card debt under a loan with one fixed, monthly payment — and it’s one 8 percent of YouGov/CreditCards ...

  7. 4 types of debt you can consolidate

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

    Unsecured debt, such as credit cards, student loans, medical bills and high-interest loans can all be consolidated. Debt consolidation is when you take out a new loan to pay off multiple debts and ...

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