Debt consolidation takes multiple streams of debt and combine them into one loan with a fixed, monthly payment. Only consider a debt consolidation loan if you're offered a lower interest rate than ...

If you feel like you're stuck in a no-win situation with multiple debts hanging over your head that you can't afford to pay off, a personal loan for debt consolidation might be a useful tool to ...

Debt consolidation is not right for everyone, and the numbers may not work if the interest rate is ... debt you owe by negotiating with creditors. Does taking out a debt consolidation loan hurt ...

a personal loan for debt consolidation might be your ticket out. Debt consolidation can also help people with multiple student loans lump them into one loan, ideally with a lower interest rate.

Debt relief changes the terms or amount of your ... website or click to take an action on their website. However, this does not influence our evaluations. Our opinions are our own.

"Before considering any debt consolidation method, you need to work on paying down your debt ... adds to the overall cost of your loan. How does debt consolidation affect interest rates?

There are several ways to consolidate credit card debt, including balance transfer ... Having many cards can be "a lot of work," says Duguay – you have to keep up with multiple monthly bills ...

You can always hire a company later if it doesn't work out. Here are seven steps for DIY debt relief. List your income, necessary expenses, assets and credit rating to determine if negotiating ...

Jennifer, a native Angeleno, is a writer and editor with more than a decade of experience covering personal finance. Her work has been featured on Yahoo, Forbes, USA Today and other national ...