There are potential benefits and downsides to debt consolidation.

Before applying for a debt consolidation loan, ensure you meet lender requirements. Many set a minimum credit score, maximum ...

Debt consolidation loans work by paying off all your debts at once with the loan’s lump sum. You then pay back the loan in fixed monthly installments. Many, or all ...

Research different types of lenders, including banks, online lenders and credit unions. Prequalify with at least three lenders to compare rates and terms you might receive once approved. After ...

A debt consolidation loan can help you streamline credit cards and other high-interest debt, but favorable terms often ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Terms presented, including APR and monthly payment amount, are estimated and created based on information entered by you and ...

Jared Hughes has spent more than eight years covering personal finance, with bylines at the New York Post and NewsBreak. Fox Money is a personal finance hub featuring content generated by Credible ...

These top-rated lenders offer financing for business debt consolidation Hannah Alberstadt is a Buy Side staff editor specializing in loans. She is passionate about crafting informative and accessible ...

A debt consolidation loan can help streamline your higher-interest debt bills into one payment, ideally at a lower interest rate. Taking the time to research lenders and get quotes can help you get ...

If you currently have multiple high-interest debts, such as credit cards and payment plans, then debt consolidation could be a way to save money and make repayment easier. Debt consolidation is a way ...

*Rates and APRs are subject to change. All information provided here is accurate as of May 29, 2025. Credit card rates have been climbing in recent years, making it more expensive to service ...