Learn More about Debt Consolidation Loans

7 States Where Foreclosures Are Spiking

The post-pandemic housing market is showing troubling signs as foreclosure numbers climb nationwide.

Federal Funding Freeze: What Could Trump's Order Mean for Americans?

Mar. 02, 2025

Federal Funding Freeze: What Could Trump's Order Mean for Americans?

A single executive order sparked nationwide panic as billions in federal funding hung in the balance.

What Trump's Interest Cap Can Mean For Your Credit Card Debt

Mar. 02, 2025

What Trump's Interest Cap Can Mean For Your Credit Card Debt

This announcement comes amid soaring credit card debt, which has reached approximately $1.166 trillion, and average interest rates that exceed 20%.

The Risks of Using Your 401(k) to Consolidate Debt

Feb. 23, 2025

The Risks of Using Your 401(k) to Consolidate Debt

If you’re struggling to pay your debts and you have money in a 401(k), you can tap those funds for debt relief and work on paying back your retirement fund over time. Using your 401(k) to consolidate debt has some strong advantages, depending on what method you use – but it also comes with significant downsides.

Feb. 20, 2025

7 min read

How Does a Home Equity Loan Work?

Home equity loans allow you to borrow money using the equity you’ve established in your home as collateral. They have fixed interest rates and monthly payments, and you pay back the loan over a set period of time – from five to 30 years

Debt Consolidation vs. Bankruptcy

American households carry a staggering $17.94 trillion in total debt, with credit card balances reaching $1.17 trillion. If you're among the millions feeling the weight of debt, understanding your relief options is crucial.

Secured vs. Unsecured Debt Consolidation Loans

Secured vs. Unsecured Debt Consolidation Loans

Consolidation loans offer a way to simplify your finances and make your debt more manageable.

Consolidating Credit Card Debt: Your Guide to Simplifying Payments

Consolidating Credit Card Debt: Your Guide to Simplifying Payments

Instead of juggling different balances and due dates, credit card debt consolidation combines everything into one straightforward monthly payment. Plus, you'll often benefit from lower interest rates, which can reduce your monthly payments and help you break free from debt sooner.

Debt Consolidation vs. Credit Counseling

Debt Consolidation vs. Credit Counseling

The path to financial freedom starts with the right strategy. Discover how to manage your debt and build a stronger financial future.

7 min read

How to Pay Off Debt in 2025

Paying off debt has short-term and long-lasting benefits for your finances. You can reduce your monthly bills, putting more money back in your pocket. You can simplify your financial picture by reducing the bill payments you must manage. And you can save hundreds, or even thousands, of dollars in interest.

Best Debt Consolidation Loans for Bad Credit

Best Debt Consolidation Loans for Bad Credit

Struggling to keep up with multiple high-interest debt payments can feel overwhelming, but having bad credit doesn't mean you're out of options.

How to Pick the Right Debt Consolidation Loan?

How to Pick the Right Debt Consolidation Loan?

Debt consolidation loans are becoming an increasingly more spoken about option for mitigating the burden of debt; whether it’s debt accrued from credit card spending, school loans, or medical emergencies. A debt consolidation loan can take much of the edge off of this financial sting, if you’re currently struggling with debt of any sort.

Medical Debt Consolidation: What It Is and How to Do It

6 min read

Medical Debt Consolidation: What It Is and How to Do It

Medical bills from various sources—credit cards, lenders, family, friends, or collection agencies—can quickly become overwhelming.

Is Debt Consolidation a Good Idea? — Everything You Need to Know

6 min read

Is Debt Consolidation a Good Idea? — Everything You Need to Know

If you're finding it difficult to meet minimum monthly payments for your credit cards or loans, simply cutting on monthly expenditures might not be enough.

Debt Management vs. Debt Consolidation: Which is Better?

Debt Management vs. Debt Consolidation: Which is Better?

Are you feeling overwhelmed by debt and looking for ways to regain control?

Should You Use a Home Equity Loan to Consolidate Debt?

7 min read

Should You Use a Home Equity Loan to Consolidate Debt?

Homeowners with enough equity in their home can borrow against it to consolidate their debts using a home equity loan or HELOC. There are many advantages to using home equity for debt consolidation: you can potentially save money, time and stress by combining your existing debts. But home equity loans do come with some added risks.

How to Get Out of Debt Quickly Using Consolidation Strategies

Feb. 13, 2025

6 min read

How to Get Out of Debt Quickly Using Consolidation Strategies

Debt consolidation can help some borrowers pay off debt faster by combining their debts, simplifying their monthly payments, and even saving money on interest.

Recommended Debt Consolidation Loan Companies

Feb. 11, 2025

Recommended Debt Consolidation Loan Companies

Debt consolidation loans are a reliable and easy way for many people in debt to get out of their financial deficit but they can land you in hotter water than you were in previously.

Should You Get A Debt Consolidation Loan To Pay Off Your Credit Cards?

Feb. 11, 2025

Should You Get A Debt Consolidation Loan To Pay Off Your Credit Cards?

With thousands of dollars worth of debt sitting on the shoulders of the average American citizen and credit cards' interest rates climbing ever higher, debt consolidation loans are a growing trend because they can alleviate this financial burden and help many Americans get a fresh start. Here's what you'll have to know about debt consolidation loans and whether or not they're right for you.

Our Methodology: How We Rate and Select Top Debt Consolidation Loans and Debt Settlement Companies

Feb. 05, 2025

2 min read

Our Methodology: How We Rate and Select Top Debt Consolidation Loans and Debt Settlement Companies

We’ve created the following process to identify the most suitable debt consolidation companies for your needs and deliver on our mission to help you make informed decisions.

What’s the Difference Between Debt Consolidation and Debt Settlement?

Dec. 11, 2024

2 min read

What’s the Difference Between Debt Consolidation and Debt Settlement?

Struggling with multiple debts? Understanding the difference between debt consolidation and debt settlement is crucial for managing your financial future. Let's explore these two debt management strategies to help you make an informed decision.

Is a Debt Consolidation Loan Right for Your Credit Card Debt?

Dec. 01, 2024

Is a Debt Consolidation Loan Right for Your Credit Card Debt?

Managing credit card debt can feel overwhelming, especially when juggling multiple accounts, balances, and interest rates. Debt consolidation offers a way to simplify this burden by combining your various credit card debts into one loan, often with a lower interest rate.

Nov. 07, 2024

Is a Debt Consolidation Loan Right for You?

A debt consolidation loan allows a borrower to consolidate various debts into one loan. Borrowers use the loan proceeds to pay off credit card debt, higher interest loans and other debts. Ideally, using a debt consolidation loan will allow borrowers to reduce their overall interest payments and make it easier to manage their debt with it consolidated in one place.

Debt Management Plans: What They Are and How They Work

Sep. 26, 2024

8 min read

Debt Management Plans: What They Are and How They Work

If keeping up with debt payments feels like you’re swimming against the current, a debt management plan (DMP) may offer a structured path to a debt-free life.

Here’s Why Times of Crisis are an Opportune Moment for a Debt Consolidation Loan

Sep. 18, 2024

2 min read

Here’s Why Times of Crisis are an Opportune Moment for a Debt Consolidation Loan

As uncertainty spreads, many Americans now face the very real prospect of losing income. One obvious consequence of lost income is it becomes more difficult to meet credit card payment obligations. But there is a silver lining to this crisis: it should become cheaper to qualify for debt consolidation loans. Here are three reasons why.

Tips & Tricks for Choosing a Debt Consolidation Loan

Aug. 06, 2024

Tips & Tricks for Choosing a Debt Consolidation Loan

Having debt can be stressful. Especially when that debt is spread out across a variety of credit cards, personal loans, medical bills, and more. Often, the right course of action is to get a debt consolidation loan and bundle everything into one low monthly payment. In this article, I’m going to outline some of the top things to consider when choosing a debt consolidation loan.

Student Loan Refinancing Vs. Consolidation: Which Is Best for You?

Jul. 17, 2024