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  2. How to consolidate debt without hurting your credit

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

    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 ...

  3. Why did my credit score drop after paying off debt? - AOL

    www.aol.com/finance/why-did-credit-score-drop...

    You take out a debt consolidation loan to pay off the $2,750 debt. You close out the three cards tied to the $2,750 balance you’re paying off, but those cards totaled in $9,500 of available credit.

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

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

    Imagine you have three credit cards with different interest rates and minimum payments, you could use a debt consolidation loan to pay off those cards. You’d have just one monthly payment to ...

  5. 3 Signs Debt Consolidation Isn’t the Right Option for You

    www.aol.com/finance/3-signs-debt-consolidation...

    “After some borrowers take out their new consolidation loan and see their credit card balances paid to $0, they go on a spending spree.” This, of course, would make your debt consolidation ...

  6. How your mortgage affects your credit score - AOL

    www.aol.com/finance/mortgage-affects-credit...

    Let’s look at home loans’ impact on credit scores from beginning to end: how applying for a mortgage, how having a mortgage, and how paying off your mortgage affects your credit score.

  7. 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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    related to: spacex pulls off rocket mortgage debt consolidation loan 580 credit score