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  2. ‘We took a loan to pay off credit cards — and we ... - AOL

    www.aol.com/finance/took-loan-pay-off-credit...

    Like many Americans, Ashley and Brandon turned to a debt consolidation company to manage their growing pile of credit card debt. Unfortunately, the consolidation enabled them to build up even more ...

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

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

    Debt consolidation is a form of debt refinancing in which the borrower takes out a loan, credit card or line of credit and uses it to pay off other debts. This helps debt repayment as the borrower ...

  4. How to consolidate debt without hurting your credit

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

    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 ...

  5. How to pay off credit card debt - AOL

    www.aol.com/finance/pay-off-credit-card-debt...

    However, a combination of smart money moves can reduce your debt, lower your credit card APR and put you on the right track toward a debt-free life. Here are several techniques for paying off ...

  6. Debt consolidation - Wikipedia

    en.wikipedia.org/wiki/Debt_consolidation

    e. 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] The process can ...

  7. Credit card debt - Wikipedia

    en.wikipedia.org/wiki/Credit_card_debt

    Consumer and government debt in the United States. Credit card debt results when a client of a credit card company purchases an item or service through the card system. Debt grows through the accrual of interest and penalties when the consumer fails to repay the company for the money they have spent. If the debt is not paid on time, the company ...

  8. What can I use a debt consolidation loan for?

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

    Many personal loans, including debt consolidation loans, require you to have a credit score of 670 or better to qualify. The lowest rates go to those with the highest credit scores. You have ...

  9. 5 best debt consolidation options

    www.aol.com/finance/5-best-debt-consolidation...

    Debt consolidation options. There are several ways to consolidate debt, including the following. 1. Balance transfer credit card. The best balance transfer cards often come with zero interest or a ...

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