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So unless you’re expecting a windfall from a long-lost relative (who probably didn’t talk about money either), it’s up to you to come up with a game plan to manage your finances.Committing a portion of every salary increase to paying down credit cards and personal loans is the obvious solution, but it isn’t the only option.A higher score will qualify you for more loan opportunities, lower interest rates and better loan terms in the future. Several personal finance websites, including Nerd Wallet, offer a free credit score.Look for a site the offers educational tools such as a credit score simulator plus access to your credit report.Knowing your credit profile before you apply can help set expectations.Several personal finance websites, including Nerd Wallet, offer free access to your credit score and credit report.Such cards have an introductory 0% interest rate, which increases after a promotional period, usually no more than 21 months.
Fixed payments ensure you’ll pay off debt on a set schedule.Nerdwallet has reviewed more than 25 lenders to help you compare and choose one that’s right for you.Below is a list of Nerdwallet’s top lenders for debt consolidation. If you’re borrowing money to pay off debt, a personal loan works best if you have a plan to tackle your debts.Borrowers with excellent credit and low debt-to-income ratios may qualify for interest rates at the low end of lenders’ ranges.