Debt consolidation can be a strategic financial move, but its effectiveness depends on individual circumstances and choices.

Consolidating credit card debt with a personal loan means taking out a new personal loan, using the loan proceeds to pay off ...

CNBC Select looked at fees, interest rates and repayment options for different credit scores to find the best debt consolidation loans.

Americans are carrying a total of $1.2 trillion in credit card debt. But Affinity Plus says debt consolidation programs can help save money.

For many families, credit card debt is a huge source of stress, and when the bills keep piling up, it might seem like there’s ...

If you’ve accumulated high-interest credit card debt or took out a personal loan when rates were at their highest, it could be a good time to consider a debt consolidation loan. The Federal Reserve ...

Could your debt be reduced or forgiven? Take our financial relief quiz. It’s easy to let credit card debt get away from you. Before you know it, the bills are piling up, and there’s no foreseeable way ...

Key takeaways Debt consolidation can simplify your finances and potentially lower your interest rate. There may be upfront costs that can offset potential savings. People with good credit may qualify ...

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 ...

Consolidating your credit card debt may be a good idea if the new debt has a lower APR than your credit cards. Many, or all, of the products featured on this page are from our advertising partners who ...

Consolidating your credit card debt could be your lifeline to financial clarity. Instead of juggling different balances and due dates, credit card debt consolidation combines everything into one ...

Americans’ collective credit card debt hit a record $1.17 trillion earlier this year, and the average credit card debt is now $6,329. Managing that balance is even more complicated when your total ...