Debt Payoff Guide is a free service that connects consumers with third-party debt-relief providers. We are not a lender, law firm, credit-counseling agency, or debt-settlement company, and we do not provide financial, legal, or tax advice. Information here is general and not a recommendation.
A credit card consolidation loan pays off several card balances, leaving you one fixed monthly payment, ideally at a lower APR than the cards charge. It works best when your credit still qualifies you for a rate below your cards. A high balance or a low score can make approval harder or the rate higher.
Related: Types & Options · what debt relief costs · debt payoff calculator.
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