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 ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But the cardholders who are struggling aren't the only ones who may want ...

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 ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. If you're currently struggling with credit card debt, future Fed rate ...

American consumer debt is soaring. The average American carries multiple forms of debt, from mortgages and car loans to credit card and student debt. If you carry credit card debt on multiple cards, ...

Ben Gran is a freelance contributor for Forbes Advisor on banking. He also writes for The Ascent (a Motley Fool service), where he covers insurance, credit cards, personal finance and investing. Ben ...

*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 ...

A friend of mine asked me if it is a good idea to consolidate his credit card debt into one low interest monthly payment. Truthfully I have no clue how it works with the credit card debt. Any idea ...

It can be easy to fall into debt, especially if you tend to overspend or you have to pay for necessities with a credit card. But getting out of debt is much harder when interest rates are astronomical ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...