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Learn More about Debt Consolidation Loans

Explore different debt consolidation loan options with the following resources written by finance professionals.

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.

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

Nov. 10, 2024

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.

Is a Debt Consolidation Loan Right for You?

Nov. 07, 2024

4 min read

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.

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

Nov. 04, 2024

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.

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.

Debt Management vs. Debt Consolidation: Which is Better?

Sep. 25, 2024

5 min read

Debt Management vs. Debt Consolidation: Which is Better?

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

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.

Debt Consolidation vs. Debt Settlement: What's the Difference?

Aug. 28, 2024

2 min read

Debt Consolidation vs. Debt Settlement: What's the Difference?

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.

Tips & Tricks for Choosing a Debt Consolidation Loan

Aug. 06, 2024

4 min read

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

5 min read

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

Do you have hefty student loans that you’re still working on repaying? Are you wondering if there’s a smarter way you could be repaying them, either through refinancing or consolidation?