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• High rates can mean years to pay off credit card loans • Cards easy to get–even with sub-averagecredit scores • Debt is unsecured–i.e. no collateral behind the loan, such as a home collateralizing a mortgage • Too much credit card debt can impact credit score, making it difficult to access other forms of credit like a home mortgage ... Doc Viewer
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Particularly with unsecured personal loans and credit cards. So make sure you do your research and negotiate with the lender to ensure you get the best rate and terms, says Vrdoljak. “It’s crucial to explore ways you might gain efficiencies with the type of debt you currently hold, whether it’s refinancing a mortgage, renegotiating ... Document Viewer
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