Debt consolidation: Is it right for you?
When debt gets hard to handle, find the right financial tools to help you take control and...
Whether you're drowning in credit card debt or scrambling to pay student loans, debt consolidation can help get your finances back on track. By combining several debts into one, you may be able to reduce monthly payments, pay less in interest and pay your debt off faster.
But debt consolidation isn't for everyone. This guide will help you understand which types of debt can benefit most from debt consolidation and which solution might be right for you. You'll also learn how debt consolidation can impact your credit score.
Choose an article to get started, or try our Debt Consolidation Calculator to see how much you could save.
When debt gets hard to handle, find the right financial tools to help you take control and...
When you're consolidating card balances, it pays to move slowly and methodically...
Although it sometimes feels like it, having credit card debt is not the end of the world...
Use our calculator to see if debt consolidation is right for you
There's no one-size fits-all solution to debt consolidation. What works for someone else might not be the best choice for you. That's why it's important to understand your options and make an informed decision based on your unique financial situation.
If you have credit card debt, medical debt or other types of unsecured debt, your debt consolidation options include personal loans, balance transfer credit cards and home equity loans. If you have student loan debt, you may be able to consolidate with a special consolidation loan specifically designed for student loans.
This section of our Debt Consolidation Guide will help you understand and compare different debt consolidation options and see which one is right for you.
Debtor Debbie is looking for the cheapest way to pay down her high-interest credit card debt...
For starters, although personal loans typically do carry lower interest rates than credit...
If you feel like you're drowning in debt, you're not alone. According to Experian's...
More Americans are turning to personal loans for their small emergencies and life...
Your note reads like you need a loan to make ends meet, not that you're trying to take...
Student loan consolidation is the process of taking multiple outstanding loans and...
If you know debt consolidation is right for you, it's important to shop around and compare different solutions. Whether you want to use a personal loan, home equity loan or balance transfer credit card, consolidating debt is most effective when you find a great deal with a low interest rate.
In this section of our Debt Consolidation Guide, you can compare the best balance transfer credit cards, find the best home equity lenders for debt consolidation, and learn the 7 things you need to know if you're ready to consolidate your student loans.
Seeking quick solutions to debt woes, borrowers often look to debt consolidation via zero...
A balance-transfer credit card is one that offers an introductory 0% APR period, allowing...
Student loan consolidations bundle student loan debt with one or more existing loans...
Home equity loans and other home equity products are an appealing option if you’re...
Compare home equity lenders in your area to find the right home equity loan for you.
Top personal loans for you. We recommend these lending partners based on what you're looking for.
Check out the best debt consolidation loan lenders and find out what it takes to qualify and how to apply.
If you're not a homeowner or don't have equity in your home, you can still consolidate your debt. Learn more about debt consolidation using a balance transfer credit card or personal loan:
Debt consolidation is the #1 reason people take out a home equity loan. But is a home equity loan or line of credit (HELOC) right for you? Find out: