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How much can you save consolidating your debt

Hi Welcome to professorsavings.com

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HI I’m your host Rayfil Wong

Today, we talk about the big savings by consolidating your debt.

Consolidating simply means combining debts into a single new favorable one

  according to numbers and sources from Quicken blog, the savings can add up big time

the average credit card debt per household is about $15,418

so with a 14.96% avg apr credit card that is a $346 per month

versus a credit card of 0% introduction offer apr for first 15 months

  which includes balance and transfers is about $154 with a possible total savings

     of about $2184 for single year

that is something simple to do. get all the credit card that have balances into one card

thanks for joining us, professor savings igning off

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