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Credit Card Debt Consolidation |
Credit Cards are generally regarded as short-term debt and thus carry a higher interest rate on carried debt. When a person finds they are not able to pay off their credit card balance in the near term, it is often advisable that they seek a longer-term debt vehicle that will offer a lower rate and use that money to pay off the credit cards. This is a common debt management technique referred to as credit card debt consolidation.
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