That said, investigate the following pros and cons to see if consolidation is practical. Potentially lower interest rate. Pay down your debt faster, depending on your term. Organize your debts.

Many Americans went into debt during the holiday shopping season, something they will have to pay off for months, and in some ...

There are multiple relief options to choose from, including consolidation, settlement, bankruptcy ... consider the pros and cons to minimize further credit damage or debt accrual.

A debt consolidation loan may improve your finances in the new year — but it could depend on the circumstances.

Like most lending options, HELOCs come with pros and cons. Consider both before deciding whether using a HELOC for debt consolidation is right for you. Tapping your home equity can come with major ...

Getting a debt consolidation loan or using a balance transfer credit card can make sense if it lowers your annual percentage rate. But refinancing debt has pros and cons and may not be right for ...

The goal is to reduce overall debt and in some cases to avoid bankruptcy, but settlement fees and the impact on your credit may not solve the problem. WalletHub said debt settlement is not a ...