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

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

    Debt consolidation. Debt payoff. Debt counseling. How it works. New loan pays off existing debts. Self-managed payment of existing debts. Professional guidance and potential debt management ...

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

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

    Benefits of debt consolidation. Debt consolidation is often the best way to organize your current debt and simplify repayment. Consolidation, if used correctly, offers benefits that could save you ...

  4. Debt Counselors: Which of These 3 Ways To Consolidate Debts ...

    www.aol.com/debt-counselors-3-ways-consolidate...

    A consolidation counseling repayment plan, also known as a debt management plan (DMP), is a structured program designed to simplify and accelerate debt repayment, Lewis-Parks explained.

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

    www.aol.com/8-ways-debt-consolidation-loan...

    Shop for a Debt Consolidation Loan: Look for lenders offering debt consolidation loans with favorable terms, such as lower interest rates than what you're paying on your credit cards, and longer ...

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