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What is Debt Consolidation and How Does it Work?

Better Credit Blog

Debt consolidation is when you bundle several debts together into one larger sum and then make a single monthly repayment instead of multiple smaller ones. Consolidating debts with different interest rates and repayment schedules can make it easier to manage your finances. Debt Consolidation Guide.

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Top Money-Saving Tips and Tricks to Beat 2020 Holiday Debt

Credit Corp

Unfortunately, holiday credit card debt lingers far longer than leftover turkey. If you don’t—or can’t—repay holiday debt promptly, it’ll accumulate over time. . >> Try these debt management apps. Go for Debt Consolidation. Go for a loan with a low interest. more than they did in 2018.

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How to Use Alternative Data to Build Your Credit Report

Titan Consulting

Alternative credit sources that do not report to the credit bureaus can include payments for rent, utilities, service accounts, and personal loans. Rent Bureau , now owned by the credit bureau Experian, electronically compiles rental data from property management companies and individual landlords.

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Top Challenges Consumer Face When Using Alternative Credit Scoring Systems

Titan Consulting

Credit bureaus measure variables related to your debt like the total amount of your debt, if you make your debt payments on time, how long you have been paying on debt obligations and how much debt you are servicing relative to how much potential debt has been extended to you.

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