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Debt consolidation entails taking out one loan to pay off many others. This is often done to secure a lower interest rate, secure a fixed interest rate or for the convenience of servicing only one loan.
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Treatment Success Rate
| Top 5 Communities | ||
| Condition | Members | Success |
| Financial Challenges | 254 |
70% |
Overall, 70% (254
Members)
find Debt Consolidation helpful
Debt Consolidation Reviews
Somewhat Helpful
This definitely helped, but it was only a short term solution really.
Somewhat Helpful
its 200 dollars a month can hardly afford this i have to pay 2500 for phoneix university and i have absolutley no extra mony
Somewhat Helpful
This was working fairly well until no, as I cannot give them any money to pay the creditors.
Somewhat Helpful
kept me from losing my house 5 years ago.
Somewhat Helpful
only one payment, but its huge. i an only pay the minimum so i never get anywhere.
Too Soon To Tell
If the creditors would stop calling now that I've told them I'm in debt consolidation - I'd feel better.
Too Soon To Tell
Too soon to tell - only doing this for my government student loan.
Too Soon To Tell
It's only been one month, but I feel so much weight off my shoulders.
Too Soon To Tell
some creditor our in this program.
Too Soon To Tell
I have consolidated some debts in the past but I somehow find myself going out and opening new creadit card accounts and it getting worse.
Showing 91 - 100 of 276 Reviews
