Key takeawaysThe average three-year personal loan rate is 14.36% APR, but you might qualify for a lower rate with good or ...

When you consolidate high-interest debt with a personal loan that has a lower rate, you can save a considerable amount of ...

If you accumulated debt when rates were at their highest, it could be a good time to consider a debt consolidation loan. But they're not for everybody. Learn more about how they work in our guide.

A debt consolidation loan is a personal loan taken out to pay off existing debts, leaving you with one fixed monthly payment and, ideally, a lower interest rate.

With your interest rates this high, then, it makes sense to turn to a debt consolidation loan. The average personal loan interest rate is around 12% now, almost half of what credit card rates are.

Debt consolidation can simplify your finances and potentially lower your interest rate. There may be upfront costs that can offset potential savings. People with good credit may qualify for better ...

Discover how debt consolidation can streamline your finances. Learn about the process, benefits, and considerations for consolidating personal debt.

Compare NerdWallet's expert picks for the best debt consolidation loans from companies like Discover, Upgrade and SoFi. Consolidate credit card and other debts for faster payoff.

Discover the best debt consolidation loans for May 2025. Compare interest rates, fees, and terms to simplify your debt and save on interest.

CNBC Select looked at fees, interest rates and repayment options for different credit scores to find the best debt consolidation loans.