Debt Consolidation Loans: Simplify Your Finances
Combine all your high-interest debts into one manageable monthly payment. Take control of your finances with competitive rates and flexible terms designed for your needs.
Debt Consolidation Calculator
How Debt Consolidation Works
Streamline your debt repayment and potentially save thousands in interest with our simple three-step process.
1. Calculate Your Debt
Add up all your outstanding debts including credit cards, personal loans, and other high-interest obligations to determine your total consolidation amount.
2. Get Approved
Apply for a debt consolidation loan that covers your total debt. Our streamlined process provides fast decisions and competitive rates based on your credit profile.
3. Pay Off Your Debts
Use your loan to pay off all existing debts. Now you'll have just one monthly payment, typically at a lower interest rate and with a clear payoff timeline.
Benefits of Debt Consolidation
Discover why thousands of Americans choose debt consolidation loans to regain control of their finances.
Lower Interest Rates
Replace high-interest debt with a single loan at a competitive, often lower interest rate to reduce the total cost of your debt.
One Monthly Payment
Simplify your finances with one easy-to-manage payment instead of juggling multiple due dates and payment amounts.
Potential Credit Score Boost
Paying off credit cards can improve your credit utilization ratio, potentially boosting your credit score over time.
Faster Debt Payoff
With a structured repayment plan and potentially lower interest rates, you can become debt-free faster than making minimum payments.
Compare Your Debt Consolidation Options
Find the right solution for your specific financial situation and debt repayment goals.
| Features | Personal Consolidation Loan | Balance Transfer Card | Home Equity Loan |
|---|---|---|---|
| Interest Rate Range | 7.99% - 24.99% | 0% (intro period), then 14-26% | 5.50% - 12.99% |
| Loan Term | 2-7 years | Promotional period: 9-21 months | 5-30 years |
| Collateral Required | No | No | Yes (your home) |
| Credit Score Needed | Good (660+) | Very Good (720+) | Good (620+) |
| Best For | Multiple types of debt with fixed repayment timeline | Credit card debt that can be paid off during promo period | Large debt amounts with home equity available |
Debt Consolidation FAQs
Get answers to common questions about debt consolidation loans and the application process.
Ready to Simplify Your Debt?
Take the first step toward financial freedom. Our application takes just minutes to complete, and you could receive a decision today.