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8 Ways to Consolidate Credit Card Debt 

Credit Corp

Debt consolidation allows you to take multiple debts and combine them into one, and you can do this with your credit card debt. Doing this makes managing the debt a little easier, and you may be able to get a lower interest rate. Table of Contents: What Is Credit Card Consolidation?

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What Happens After a Personal Loan Bankruptcy Discharge?

Sawin & Shea

Unsecured loans don’t have collateral. No-credit-check lending, such as payday and title loans, often comes with unreasonable fees and annual percentage rates (APR). When seeking a new personal loan after bankruptcy, use legitimate lenders, such as major financial institutions, credit unions, or through Credit Karma.

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7 Things to Know Before Taking Out a Personal Loan

Credit Corp

You can get a personal loan from banks, credit unions, or online lenders. When filling out the application, you’ll likely need to include identification such as your Social Security card, your address, and proof of income. This means you do not have to offer any collateral to receive the loan.

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What Is a Personal Loan?

Better Credit Blog

Personal loans are installment loans offered by a bank, credit union, or other financial institution to an individual borrower. The former uses collateral, commonly in the form of your vehicle title, to secure repayment of the loan. The far more appealing choice, the unsecured personal loan, does not require any collateral.

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Does Chapter 13 Wipe All of Your Credit?

Sawin & Shea

Chapter 13 Bankruptcy Discharge Once you complete paying off your repayment plan over three to five years, the court will discharge your eligible debts. Obtain a Secured Credit Card You may struggle to find creditors who are willing to lend to you while you repair your credit score.

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The Best Debt Consolidation Loans

Better Credit Blog

Payoff – Best For Paying Off Credit Card Debt. Payoff specializes in debt consolidation loans that can help you pay off credit card debt, and will even send direct payment to your creditors. Cons: Minimum credit score of 680. Can’t secure a loan with collateral such as a car.

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The Best Debt Consolidation Loans

Better Credit Blog

Payoff – Best For Paying Off Credit Card Debt. Payoff specializes in debt consolidation loans that can help you pay off credit card debt, and will even send direct payment to your creditors. Cons: Minimum credit score of 680. Can’t secure a loan with collateral such as a car.