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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. more at Wikipedia

Treatment Success Rate

Top 5 Communities
Condition Members Success
Financial Challenges
Overall, 71% (331 Members) find Debt Consolidation helpful

Debt Consolidation Reviews

Show: for
Working / Worked
This has worked in the past but ever 7 years or so we are back where we started.
Working / Worked
Trying to consolidate some debt and get it together!
Working / Worked
Been considered but not done because of interest rate being to high.
Working / Worked
Just started
Working / Worked
We did this once and got completely out of debt. A few years later we were right back, in debt.
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
Showing 61 - 70 of 344 Reviews
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