Tag: example

16
Feb

Debt Consolidation Example

You can scour the Internet and read ad nauseum about the benefits of debt consolidation loans but sometimes it is more effective to provide an example Let’s say you have three credit cards each with a $7,500 balance and a 22.99% annual rate compounded monthly. You would need to pay $1,178 a month for 24 months to bring the balances to

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