Bills Consolidation
Bill consolidation combines multiple debts into one payment to simplify bills and often lower interest. It's a useful tool but not a cure - pair it with budgeting and behavior change.
Debt Consolidation
Debt consolidation replaces multiple debts with a single payment - via a personal loan, balance transfer, HELOC, or refinance. It can simplify payments and lower costs, but secured options put assets at risk. Compare total costs, seek nonprofit counseling, and watch for scams.
Consolidation Calculator
Use a debt-consolidation calculator to compare options, estimate savings, and decide whether combining debts will lower interest or simply spread payments over a longer term.