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Debt Consolidation

Top 10 Do’s and Don’ts for Personal Loans

Man taking cash out of wallet

  1. Do use it to consolidate debt.

    Put all high-interest credit card debt and payday loans into one loan with a fixed rate, a fixed monthly payment and a closed-end term. You’ll save money and make debt management a lot simpler. Be sure to stop using any credit cards you pay off so you don’t rack up another large bill.

Debt Consolidation: Not a Silver Bullet, But Still a Good Idea

Big financial problem - debtIf you’re up to your eyeballs in debt, the one thing you may wish for more than anything else is a blank slate. If you had a chance to wipe your slate clean and start over, things would be different. Of course, barring a winning lottery ticket, nothing is going to make that much of a change overnight.

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