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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 | 256 |
70% |
Overall, 70% (256
Members)
find Debt Consolidation helpful
Debt Consolidation Reviews
Working / Worked
Got a consolidation loan to pay off everything and Have just one payment. Working pretty good just would like to have it paid off sooner
Working / Worked
Not sure - will take along time to pay off, high monthly payments - low paying job.
Working / Worked
We did it and it worked, only because we didn't go back into debt again.
Working / Worked
i pay one monthly amount now & its working well for me.
Working / Worked
I would not recommend re-financing to consolidate your bills. We just paid them off, got a higher mortgage and have the same bills again!
Working / Worked
With the plan we're on, we will be completely debt free in a short time. If you want to do this, do your research on the companies, make sure they're backed by the BBB and that they're non-profit. Google them too!
Working / Worked
it took a long time but i paid off all my credit cards.
Working / Worked
This has worked in the past but ever 7 years or so we are back where we started.
Working / Worked
I consolidated my federal loans, then I consolidated my private loans.
Working / Worked
Been considered but not done because of interest rate being to high.
Showing 41 - 50 of 279 Reviews
