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Debt consolidation vs. debt settlement: Which is better?

Debt consolidation and debt settlement are both popular debt relief options. But which is better? Find out here. read more

Pros and cons of debt consolidation: Is it a good idea?

Upfront costs may eat into the savings that debt consolidation can present, especially if the interest rate you qualify for is higher than the average rate of your existing debts. read more

5 Ways to Consolidate Credit Card Debt

Americans racked up $19.1 billion in credit card debt in November 2023. Consolidating your credit card debt with a loan or balance transfer card could help. Doing so converts many debts into a ... read more

Personal loans can be a great way to consolidate credit card debt and get a lower interest rate.

Credit card debt can quickly turn into a cycle ... There are also a few other options that are worth considering if you want to consolidate debt efficiently and cheaply. Below, Select details ... read more

Choosing a debt consolidation lender: How to find the best

Before choosing a debt consolidation lender, you must determine how much debt you must consolidate. Check your debt balances and request payoff amounts, which will be slightly higher than your current ... read more

Best debt consolidation loans of April 2024

Loans can only be used for credit card consolidation (certain unsecured ... With a LightStream debt consolidation loan, you can borrow $5,000 to $100,000 with terms from two to seven years. read more

The best debt consolidation loans for anyone with fair to excellent credit

Credit card debt is common, and sometimes we end up over our heads before we even realize it. The average credit card debt was $6,501 in, according to Experian data. And while that number has ... read more

What Is Debt Consolidation and How Does It Work? (2024 Guide)

Debt consolidation is still debt and can inadvertently lead to more borrowing. For example, if you use a personal loan to consolidate multiple credit card balances, you could be tempted to use ... read more

Debt Consolidation Loan Vs. Balance Transfer Credit Card

With nearly a decade covering personal finance, Rebecca Safier simplifies loans and other complex financial topics to help people manage their money with confidence. Her work has been featured in ... read more

Is debt consolidation a good idea? Consider the pros and cons

If your debts are of the same type, you might consider credit card refinancing or student loan consolidation, which are two common forms of debt consolidation. Once you receive a lump sum of cash ... read more