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

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

    Case study: Debt consolidation for $25,000 in credit card debt Joanne has $25,000 spread across four credit cards with interest rates between 18% APR to 24% APR. Her minimum payments totals $750 ...

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

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    Pros and cons of debt consolidation. You can consolidate nearly every type of consumer debt, including medical debt, personal loans, credit cards and student loan debt. However, consolidation ...

  4. 8 Ways to Use a Debt Consolidation Loan for Your Credit Card Debt

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    Increased Credit Score: While this may take time, a debt consolidation loan can improve your credit score by making on-time payments easier, thus lowering your credit utilization. Having multiple ...

  5. How to consolidate debt without hurting your credit

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    Your credit score: One goal of debt consolidation is to reduce the interest rate on your debt. The idea here is to pay a lower interest rate on a consolidation loan or balance transfer credit card ...

  6. Debt relief: Pros and cons - AOL

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

    Consolidation is a common route for most borrowers, as there are numerous benefits and minimal risks, regardless of whether you choose to take out a new loan or opt for a 0 percent APR credit card ...

  7. Best debt relief options for credit card debt - AOL

    www.aol.com/finance/best-debt-relief-options...

    Balance transfer credit cards offer another form of debt consolidation. In this scenario, you transfer your existing balances from high-interest cards to one new card with more favorable terms.

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