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  2. Fixed vs. variable interest rates: How these rate types work ...

    www.aol.com/finance/fixed-vs-variable-interest...

    Here’s an example of how to keep rates low on financing. Say you take out a fixed-rate personal loan to pay down high-interest credit card debt when the Fed rate is at an all-time high. Since ...

  3. Are Sallie Mae student loans federal or private? - AOL

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    Perkins loans are need-based and have a fixed rate of 5%, while direct subsidized and unsubsidized loans are available to all undergraduates, with an interest rate of 5.50%. Parent PLUS loans are ...

  4. How to Find a Fixed-Rate Credit Card - AOL

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    What Are Fixed-Rate Credit Cards? Most credit cards today have a variable annual percentage rate, meaning the interest rate will go up or down based on the benchmark rate, such as the prime rate. ...

  5. How does a fixed-rate HELOC work? - AOL

    www.aol.com/finance/does-fixed-rate-heloc...

    For example, Bethpage Federal Credit Union offers the unique option to convert some or all of a variable-rate HELOC to a fixed-rate loan without a fee; you can choose between five-, 10- and 20 ...

  6. 4 types of debt you can consolidate

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

    For example, if your APR is 16% on your credit card and you consolidate $10,000 in debt with a new, 24-month personal loan with a 7.5 percent rate, you could save: Nearly $1,100 in interest fees ...

  7. How to choose a student credit card - AOL

    www.aol.com/finance/choose-student-credit-card...

    Annual percentage rates (APRs): There are a few types of APRs when it comes to credit cards, but if you are a credit newbie then you’ll want to focus on the purchase APR. This is the interest ...

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