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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 | 315 |
71% |
Overall, 71% (315
Members)
find Debt Consolidation helpful
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Debt Consolidation Reviews
Working / Worked
same as credit counseling: made on monthly payment to pay off all our creditors.
Working / Worked
I have a company I am working with on my bills but it is stapping me monthly
Working / Worked
joined a company about 2 years ago and it's working ok
Working / Worked
Worked but, wasn't advised about the cards we were paying off and ran a few of them up again.
Working / Worked
yes effective but still had to declare bankruptcy
Working / Worked
Tried one time, but then got back into debt.
Working / Worked
did it once before it was good, now in to deep do to business deal gone bad.
Working / Worked
I think i'm being ripped off with it but at least all my money is in one place!
Working / Worked
have used equity loans to consolidate credit cards, but seems that credit card spending continues in "pinch" situations i guess that is what we all experience from time to time
Working / Worked
still paying on loan- could use another
Showing 61 - 70 of 332 Reviews
