Consolidating

4 questions to ask before consolidating debt this July

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There are a few important questions you should ask yourself before consolidating debt in this landscape. Peter Dazeley/Getty Images For many borrowers, debt consolidation looks like a straightforward solution. With this approach, you replace multiple monthly payments with one loan payment, a lower interest rate and a more streamlined repayment process. But while consolidation can … Read more

Consolidating your debt may not save you money this May. Here’s why.

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Debt consolidation may not offer the savings you’re counting on, and in some cases, it could cost more over time. Getty Images/iStockphoto As household debt levels grow and repeatedly surpass prior record highs, and as credit card interest rates remain elevated, millions of borrowers are now searching for relief from their high-rate debt. And, in … Read more