There are potential benefits and downsides to debt consolidation.

Shot of smiling beautiful businesswoman working in call center. Shot of a adorable asian woman working in a call center with a male colleague. Reducing debt can feel overwhelming, especially when ...

America has a debt problem, and it appears to be getting worse. According to the latest data from the Federal Reserve Bank of New York, the total debt burden for American households reached a record ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

South Indian Bank's SIB Power CONSOL simplifies debt repayment with consolidated loans, lower interest rates, and unified EMI ...

Trying to dig yourself out from underneath a growing pile of high-interest debt can often feel like you’re working hard to defeat something that will never truly end. Once you shovel out a nicely ...

Personal loans are popular options for credit card debt consolidation. Replacing revolving credit card debt with an installment loan can help you pay less interest and clear balances sooner. By ...

Personal loans are a general financial product that gives you access to funds you must pay back over time, and debt consolidation loans help you bundle multiple types of debt into one monthly payment.

Getting out of debt can be challenging and complex. Short of making minimum payments to chip away at your credit card bills or earning extra money through a side gig, just how do you avoid the dreaded ...

Rich people know how to capitalize on the tax code and debt negotiation to pay off their financial obligations faster than most people. Knowing these secrets can give your finances a big boost if you ...