These debt relief companies could help you slash your debt, but there are a few things to know before signing up.

Credit card debt got you stressed? Debt relief companies promise help — but what can they actually do for you?

Credit card debt consolidation can streamline your finances and reduce monthly payments. ... Business Insider's roundup of the best debt consolidation loans is a good place to start. 2.

Look at the kind of debt you have: Debt relief companies only work with unsecured debts like credit cards or medical bills, not auto loans or mortgages. If you owe the IRS, you'll need a tax ...

Business Debt Consolidation Loans vs. Consumer Credit Cards If you have relatively good credit and don’t want the burden of taking out a large loan, a consumer credit card might be another way ...

As of early 2025, the average personal loan rate for debt consolidation is 11.66%, compared to the average credit card rate of 21.91%, according to Federal Reserve data.

Compare NerdWallet's expert picks for the best debt consolidation loans from companies like Discover, ... 2025, and chose credit card consolidation or debt consolidation as their loan purpose.

Learn five ways to consolidate credit card debt, ... Explore business credit cards Best 0% APR business credit ... How much money you save with credit card debt consolidation will depend on the ...

Americans suffer high amounts of consumer debt, primarily revolving credit card debt. In February 2025, the average credit card debt per American was $6,455, up $194 from a year ago.

The best consolidation loans allow you to save money on interest, pay off debt more quickly and replace multiple debts with ...

Eligible types of debt. Student loans, credit card debt, personal loans and more. Loan amounts. $5,000 to $100,000. Loan terms. 2 to 7 years (up to 20 years with student loan refinancing) [ Return ...

Balance Transfer Credit Cards: Offer a 0% APR introductory period for transferring high-interest credit card debt. Home Equity Loan or HELOC: Use home equity as collateral for lower interest rates.