Debt consolidation

What to compare

Compare total remaining payments on existing debts against the new loan including fees. A lower payment with a longer term may cost more overall.

Questions to ask

Avoid counting a paid-off balance as new spending capacity. Check whether the new loan changes unsecured debt into debt secured by a home or other property.

Build a complete cost picture

List the amount received, repayment schedule, interest rate, fees and total amount repaid. Use the same amount and term when comparing offers. Check whether the rate can change and whether early repayment carries a charge. An estimate cannot establish approval or eligibility.

Research providers

Our directory contains sourced identities and locations. A listing alone does not establish that a provider offers this loan type. Confirm products and terms directly.

Banks · Credit unions · Mortgage lenders

Primary resources

CFPB consumer tools · Federal Student Aid · SBA loan programs · USDA farm loan programs