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Should I consolidate my personal debt into a new loan? How long will it take to pay off my credit cards? Apply online. We're here. If you have a high-interest credit card debt it is definitely a good idea to settle them by taking a personal loan for debt consolidation. You should focus on paying off credit cards with a high interest rate first. The longer you hold on to high-interest debt, the more interest you rack up. Should you save, or pay off loans and credit cards? If you have savings, it might be worth repaying some of your loans or credit cards – but only if you will. Rework your budget · Focus on one debt at a time · Make more than just the minimum payment · Ask your credit card company about repayment plans · Pay off debts from.
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