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 ...

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

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Americans’ collective credit card debt hit a record $1.17 trillion earlier this year, and the average credit card debt is now $6,329. Managing that balance is even more complicated when your total ...

If you’re overwhelmed by rising credit card balances, you’re not alone — credit card debt continues to climb nationwide. The average credit card balance reached $7,236 in the third quarter of 2024, up ...

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Bad debt can also affect your credit. Your credit utilization, which is the percentage of your available credit that you're using, plays a major role in your credit score. High balances and maxed-out ...

Does the lender’s loan amounts and terms match your debt? Personal loans for debt consolidation come in a wide range of loan amounts ($1,000 to $50,000) and repayment terms (two to seven years). Make ...

*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 ...