Using Personal Loans to Get Out of Gambling Debt: What You Should Know

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Editor’s note: Lantern by SoFi seeks to provide content that is objective, independent, and accurate. Writers are separate from our business operation and do not receive direct compensation from advertisers or network providers. Read more about our Editorial Guidelines and How We Make Money.
What Is Gambling Debt?
How Do People Get Into Gambling Debt?
When Does Gambling Become a Medical Disorder?
Psychotherapy
Medication
Group support
Options for Getting Out of Gambling Debt
Gambling Debt Forgiveness
Gambling Debt Relief: Paying It Off
Consolidate Your Debt
Personal Loans
Use Your Home Equity
Bankruptcy
Debt Settlement
The Takeaway
Frequently Asked Questions
Photo credit: iStock/mbbirdy
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About the Author
Nancy Bilyeau writes about student loans, mortgages, car insurance, medical debt and many other finance topics for Lantern. A veteran of the magazine business, she has edited stories on personal finance for Good Housekeeping and DuJour magazines and has written articles for The Wall Street Journal, Readers' Digest, Parade, Town & Country and Lifetime/A&E, among others. She is a graduate of the University of Michigan.
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