Using a debt consolidation loan to pay off multiple debt balances can simplify repayment while reducing your interest rate.

Our best overall choice for debt consolidation is LightStream, which offers some of the lowest advertised APRs and loan amounts of up to $100,000. Best Egg and Upstart also offer competitive choices ...

There are multiple debt relief strategies worth exploring now. Here's what experts recommend borrowers do next.

Do you feel like you’re drowning in debt? Debt consolidation could be a lifeline. Consumer Investigator Caresse Jackman ...

Debt consolidation loans and programs are both effective ways to pay off credit card debt. Getty Images As inflation sends the prices of consumer goods and services higher, the Federal Reserve's ...

Interest rates for debt consolidation loans are high to end 2023, and they’ll likely stay high for the near future. With increased costs, comparing loan options is essential to qualify for the ...

Debt consolidation loans may not be the best option for every financial situation. Balance transfer credit cards, home equity loans and home equity lines of credit (HELOCs) are ways to consolidate ...

Debt consolidation loans generally have terms between one and seven years, and many will let you consolidate up to $50,000. But debt consolidation isn’t the only way borrowers can use personal ...

Debt consolidation loans. A debt consolidation loan is a personal loan used to combine multiple debts into a single loan, ideally with an interest rate that’s lower than the rates you’re ...

Debt consolidation loans are an option even if you have bad credit, and they have longer terms, which is super helpful if you have a lot of credit card debt to tackle.” — Jackie Veling, Lead ...

Debt consolidation loans are available from online lenders, banks and credit unions, most offering a limit of 5 years for the loan terms. You’ll never know what kind of rates you’ll qualify ...

Debt consolidation loans may have origination fees and interest costs, but they offer the advantage of potentially lower overall interest rates, especially if you have a strong credit history.