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

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

    "The ideal candidate for debt consolidation is someone with a credit score of at least 670 and a debt-to-income ratio of 35%, meaning the debt payments are no more than 35% of their income," says ...

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

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

    The following downsides are important to consider before signing on for debt consolidation. Debt consolidation may still be worth it for you. It won’t solve financial problems on its own

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

    www.aol.com/finance/what-is-a-debt-consolidation...

    Benefits of consolidating debt with a loan. You can save money. If you can qualify a lower rate than your original debts, the total cost of the loan will naturally be lower, even if you take the ...

  5. Debt relief: Pros and cons - AOL

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

    Debt consolidation takes place when you move two or more of your existing debts into one new debt, typically with the help of a product like a debt consolidation loan or a balance transfer credit ...

  6. 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 ...

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

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

    The most important thing after taking out a debt consolidation loan is to avoid taking on more debt. Extra debt could defeat the purpose of taking the loan in the first place. Likewise, it’s ...

  8. Debt management and debt consolidation are two widely used strategies for helping individuals manage excessive debt and regain financial stability. Debt Management vs. Debt Consolidation: Which is ...

  9. 4 types of debt you can consolidate

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

    While it’s a helpful tool for some, typically four types of debt can be consolidated: credit card debt, student loan debt, medical debt and high-interest personal loan debt. Credit card debt

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