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Debt Consolidation Calculator | Bankrate

Savings Corner

Bankrate’s debt consolidation calculator is designed to help you determine if debt consolidation is the right move for you. Simply fill in your outstanding loan amounts, credit card balances and other debts. Debt consolidation is the process of combining several debts into one new loan.

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Find out How Acadia & Her Husband Paid off $97,000 in Student Loans

Family Balance Sheet

We felt like we couldn’t do a lot of the things in life we wanted to do because there was always the debt and the loan payments. Our loan payments each month were almost equal to our mortgage! Imagine paying for two houses at once! Did you follow a particular debt freedom plan or book, such as Dave Ramsey or Debt-Proof Living?

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How Krystal and Josh paid off $80k in 4 years!

Family Balance Sheet

It took us four years, but we paid off over $80,000 of debt! We are debt. medical bills, a small credit card, both of our cars, and student loans. debts one by one. We tackled our small credit card balance, then our. What inspired you to become debt free? you are debt free?

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Find out how Richard paid off $40,000 of debt

Family Balance Sheet

At the same time my credit card debt was slowly creeping upward too thanks to my minimal income. I was earning more each year and the debt I was carrying was covered each month without too much worry. I also sold off any belongings that weren’t critical. Initially it all seemed fine. Yes, but not yet!

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