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Although debt consolidation agencies may be easy to find, many of these companies can be scams. When attempting to consolidate credit card debt, it may be more practical to obtain a consolidation loan from a local bank. It is important to go to several banking institutions, since interest rates can vary. If you find you are unable to get a loan due to having poor credit, it can help to call credit card companies to explore different payback options.

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13y ago

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