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Determining Your Debt-to-Income Ratio

Debt Guru

Bad: You signed on for a high-interest personal loan to cover that vacation last year. Or you’re still working to pay off your variable-interest auto loan from seven years ago. Ugly: You got caught in a high-cost, short-term payday loan with a crazy-high APR. Or you resorted to a loan using your car as collateral.

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8 Ways to Consolidate Credit Card Debt 

Credit Corp

Credit Card Consolidation Loans A credit consolidation loan is a type of unsecured personal loan that comes with a set repayment period and fixed monthly payments. For a credit card consolidation loan to make sense, the interest rate needs to be lower than the interest rate for your credit cards.