What is a debt consolidation loan?
A debt consolidation loan is used to pay off two or more outstanding debts or bills and combine them into one payment. Many times, a debt consolidation loan means better interest rates and lower minimum payments.
Especially when it comes to high-interest debt like credit cards, a debt consolidation loan can make it easier to pay off your debt. Instead of managing multiple bills from several credit card companies, a debt consolidation loan gives you peice of mind knowing you’re only responsible for one payment deadline.
Use a debt consolidation loan to get out of debt faster and eventually improve your credit score.
By lowering your minimum payments, you could have extra cash every month!
- Calculate your total credit card and unsecured debts, as well as average interest rate
- Request a debt consolidation loan through our secure online request form
- See what offers you pre-qualify for
- Work with your lender to consolidate your debt