Debt consolidation loans
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Roll several debts into one fixed monthly payment.
Compare offersConsolidation only works if the new loan costs less than what you pay now, and you stop adding new balances. Add up your current rates and payments first, then compare.
Through our partner MoneyLion you can see offers from a network of lenders without hurting your score, which makes it easy to check whether consolidation actually saves you money.
Before you apply
- List every balance, rate and minimum payment.
- Compare the total interest on each path, not just the monthly bill.
- Close the gap that created the debt, or it comes back.
Questions
Does consolidating hurt my credit?
Checking offers does not. Taking a new loan adds an account, and paying cards down can help your utilization over time.
Should I consolidate if my rate will not drop?
Usually not, unless a fixed payoff date is worth it to you.
Can I consolidate medical or personal debt too?
Most personal loans can be used for any of those.
More: all personal loans · loan calculator · requirements
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Lending Gurus compares options and doesn’t lend. We may earn a referral fee when you apply through our links, but no lender pays for a review or a score, and partner status never changes one. Advertiser disclosure.