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When you are in debt, there is a high possibility that your credit score is in a bad shape. If you are intent on using debt consolidation loans to get out of debt, then your options are limited because you are now a high risk borrower. That means you will be given high interest rates on your loan - APRs of 20% or more. Among your options will include payday loans that require immediate payment, secured loans that require collateral, and peer to peer lending wherein private individuals fund your...

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From: MrsFinanceVideos

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