Financial Experts Weigh Debt Consolidation Options for Consumers
Experts discuss debt consolidation's potential benefits like lower rates and simplified payments, but warn of upfront costs and risks for those with poor credit.
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Latest reporting and analysis tagged with debt consolidation.
Experts discuss debt consolidation's potential benefits like lower rates and simplified payments, but warn of upfront costs and risks for those with poor credit.
Consumers consider personal loans to consolidate high-interest credit card debt, with average APRs of 12.19% versus 19.64% for cards. Options include balance transfers and debt management plans.