Debt Consolidation

Debt Consolidation

Debt consolidation can help you keep track of payments, get a lower interest rate and pay off your debt faster. If you have multiple credit cards or loans with higher rates, you may save money and pay off debt faster by combining all your debt into one payment at a lower, fixed rate. Also, if your debts (excluding your mortgage) are less than half of your income, that's another indicator that debt consolidation might be a good option for you.