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When youre focused on paying off debt, high interest rates can be demoralizing. Its deflating to watch a sizable portion of each payment go toward paying your lender rather than lowering your debt.
One solution could be using a debt consolidation loan to lower your interest rate. Essentially, you use a new personal loan to pay off existing debt.
It might sound counterintuitive to borrow your way out of debt, but the benefits can be worth it. Here are seven of t…
Read the full article at: https://www.kake.com/story/42996162/7-best-debt-consolidation-loans-available-in-2021