Reviews of the Top Debt Consolidation Companies*

We Recommend

It can be tough to decide on what debt consolidation company or website to use. We have done the research and we are providing you with our top picks for debt consolidation. The rankings are based on debt services offered, time in business, associations and memberships in groups such as the BBB, AFCC, etc., advertised costs and customer service.

Learn how we rank.

Our 2021 Picks for the Top 5 Debt
Consolidation Companies

Wednesday, December 1st

#1
#1 Top Rated | We Recommend
Read Our Full Review
PROGRAM HIGHLIGHTS
  • Best for debts above $7,500
  • No Credit Score Required
  • A+ BBB | AFCC Highest Ethical Standards
#2
RATING
8.7
Very Good
Read Our Full Review
Read Our Full Review
PROGRAM HIGHLIGHTS
  • Get Out Of Debt Without Bankruptcy
  • See How Quickly You Can Be Debt Free
  • No Upfront Fees And No Obligation
#3
RATING
7.3
Very Good
Read Our Full Review
Read Our Full Review
PROGRAM HIGHLIGHTS
  • Pay off debt in as few as 24 months
  • Consolidate to one easy monthly payment
  • Avoid bankruptcy + save your credit score
#4
RATING
6.8
Very Good
Read Our Full Review
Read Our Full Review
PROGRAM HIGHLIGHTS
  • No Credit Score Requirement
  • Cancel Anytime With No Fees
  • Member of FCAA
#5
Read Our Full Review
PROGRAM HIGHLIGHTS
  • Best for debts from $3,000 to $7,000
  • No Credit Score Required
  • A+ BBB | ISO Certification

Frequently Asked Questions

Debt consolidation is the practice of combining multiple debt obligations into one monthly payment. Think of it as rearranging your finances: rather than keeping track of multiple bills and payments, debt consolidation allows you to put all of your debts in one place with one simpler monthly payment.

Consolidation can be done in a variety of ways, but the most popular are:

  1. Consolidation through a debt resolution company
  2. Consolidation through a personal loan
  3. Consolidation through credit card balance transfers

Depending on which debt consolidation method you choose, you may be able to save on interest costs and lower your monthly payment as well. However, most consolidation options cannot reduce your principal balance. Other consolidation options can reduce your total debt through direct creditor negotiation, often reducing both your principal balance and interest costs by as much as 50%.

Debt Consolidation Articles

First Blog
How To Know If You Need Debt Consolidation

Is it time to consolidate? Learn more about the debt consolidation process and if it’s right for you and your finances.

Second Blog
The 5 Biggest Mistakes People Make When Consolidating Debt

Debt consolidation can be tricky. Get the most out of your consolidation by avoiding these 5 common mistakes.

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