Debt consolidation can simplify your payments, but it isn't always the cost-cutting solution borrowers expect.

Debt consolidation is a good idea if it helps you meet your financial goals, but not if you use it to free up revolving ...

Debt consolidation rolls multiple debts into a single payment. It can be a good idea if you qualify for a low enough interest rate. Many, or all, of the products featured on this page are from our ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Debt consolidation is a strategy for managing debt that involves using a new loan, credit card or payment plan to pay off your existing debts. When you consolidate, you'll roll multiple ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. Consolidating debt — without ...

Debt consolidation has the potential to help and hurt your credit score, but the overall effect should be positive if you're able to pay off your debt. Many, or all, of the products featured ...

Military service means making a lot of sacrifices for your country—including financial sacrifices. If you find yourself in debt after you leave the service, you’re not alone. The good news is you ...