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

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

    Debt consolidation is a popular repayment process that involves combining several debts into one new loan. While convenient, it’s best for borrowers who can score a lower interest rate on their ...

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

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

    Debt consolidation is ... relief — involves a negotiation between a for-profit debt settlement company and your creditors to lower your overall debt owed. "Debt settlement has earned a bad ...

  4. 3 Signs Debt Consolidation Isn’t the Right Option for You

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

    Debt consolidation can give your finances a fresh start. If you're sitting atop a mountain of considerable debt, combining it into one payment can help you get back on track -- but it isn't for...

  5. Debt consolidation - Wikipedia

    en.wikipedia.org/wiki/Debt_consolidation

    Debt generally refers to money owed by one party, the debtor, to a second party, the creditor.It is generally subject to repayments of principal and interest. [9] Interest is the fee charged by the creditor to the debtor, generally calculated as a percentage of the principal sum per year known as an interest rate and generally paid periodically at intervals, such as monthly.

  6. How to consolidate debt without hurting your credit

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

    Debt consolidation puts multiple debts into a single account to make your payments easier. Debt consolidation can lower your credit score temporarily, but your score will improve if you make ...

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

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

    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 ...

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