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What is debt consolidation? | The bank rate
Even if you work hard to manage your money the right way, paying off high-interest debt each month can make it difficult to reach your financial goals. No matter how much you owe, it can take months, or even years, to get out of…
How Payday Loan Consolidation Works
Drowning in Payday Loans? These options can be useful. (iStock) Payday loans are a short term option for cash strapped consumers. But they are hardly a saving grace. With exorbitant interest rates and short repayment terms,…
Credit Card Refinancing vs. Debt Consolidation: What’s the Difference?
Dealing With Credit Card Debt? Try these two options. (iStock) Credit card debt is a problem for millions of Americans (about 189 million, to be exact). And for many, it's hard to get by. With an average balance of $ 8,398…
Alternatives to debt consolidation loans
Debt Consolidation Loans are personal loans used to merge high interest debt such as credit cards, payday loans, or other bills into a brand new fixed rate loan. Once you receive the funds from this loan, they are used to pay off your…