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

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    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 ...

  3. 8 Ways to Use a Debt Consolidation Loan for Your Credit Card Debt

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    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 ...

  4. What is a debt consolidation loan — and can it help you lower ...

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    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 ...

  5. 4 types of debt you can consolidate

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    Not only will consolidating your credit card debt simplify your repayment process, it can also save you thousands of dollars in interest accrual, as personal loans have an average interest rate of ...

  6. 5 best debt consolidation options

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    Using the example above, if you take out a $5,000 debt consolidation loan with a three-year term and an 11 percent fixed interest rate, you’ll pay $164 per month and $892.97 in interest over the ...

  7. 10 Best Debt Consolidation Loans

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    Consolidate your high-interest debt with these top 10 loans offering low rates, fast funding, and flexible terms. Learn how to simplify repayment.

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