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

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

    If you have a good credit score or better, want to simplify your finances, prefer fixed payments and can afford the monthly cost, debt consolidation may be a good option. Debt consolidation is a ...

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

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

    Debt consolidation is the process of combining multiple debts into a single loan, ideally with a lower overall interest rate than what you're currently paying. This involves taking out a personal ...

  4. How to consolidate debt without hurting your credit

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

    The idea here is to pay a lower interest rate on a consolidation loan or balance transfer credit card than you currently have. This is doable with a “good” credit score, which is at least 670 ...

  5. Debt consolidation - Wikipedia

    en.wikipedia.org/wiki/Debt_consolidation

    Debt consolidation is a form of debt refinancing that entails taking out one loan to pay off many others. [1] This commonly refers to a personal finance process of individuals addressing high consumer debt , but occasionally it can also refer to a country's fiscal approach to consolidate corporate debt or government debt . [ 2 ]

  6. 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 ...

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

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

    The minimum credit score for a debt consolidation loan is usually around 670 — which lenders consider to be good credit. However, credit score requirements vary by lender and the state of the ...

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