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4 Reasons NOT to Get a Payday Loan

Debt Guru

Instead, look at other options, such as: Reducing your expenses Delaying paying some bills Getting a loan from a bank or credit union Using a credit card Borrowing from family and friends Borrowing from employer. Turn to the friendly folks at DebtGuru.com for real advice on getting a handle on your debt.

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8 Ways to Consolidate Credit Card Debt 

Credit Corp

Types of credit card consolidation include credit card consolidation loans, balance transfer credit cards, home equity loans, HELOCs, retirement loans, cash-out auto refinance, family loans, and debt management plans. Table of Contents: What Is Credit Card Consolidation?

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How to Pay Collections

Credit Corp

Don’t let a debt collector bully you into paying an amount you can’t afford or that causes you to let your other financial obligations slide. Creating a Debt Management Plan. While debt collectors aren’t required to accept a payment plan, they can be a great way to get a debt paid off. Money Transfer.

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Here’s how much credit card debt the average American has (and how to pay it off)

Collection Industry News

Learn more about how to pay off your credit card debt here. Utilize a debt management plan Enrolling in a debt management plan with a debt relief company can be a helpful tool if you’re trying to pay off your credit card balances.

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The Best Debt Consolidation Loans

Better Credit Blog

If the amount of your overall debt isn’t all that high, and you only need to borrow a relatively small amount of money, then PenFed might be a strong option for you, as it offers loans for as little as $500 and up to $35,000. Unlike with many credit unions, it’s possible to pre-qualify for a loan to see what offers are available.

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The Best Debt Consolidation Loans

Better Credit Blog

If the amount of your overall debt isn’t all that high, and you only need to borrow a relatively small amount of money, then PenFed might be a strong option for you, as it offers loans for as little as $500 and up to $35,000. Unlike with many credit unions, it’s possible to pre-qualify for a loan to see what offers are available.

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Does Debt Consolidation Hurt Your Credit?

Credit Corp

There are several methods you can use to consolidate your debt. Here are some of the more common: Personal loans: These loans are typically issued by banks, credit unions, and online lenders. You can use the funds however you see fit, including consolidating your debt.