Are you interested in debt consolidation? Or maybe you’re just trying to find out how it works? If so, you’ve come to the right place. We have created this resource center to help you learn how debt consolidation works and whether it’s right for you. Who are we? We’re ReadyForZero, a company dedicated to helping people get out of debt – on their own. We’ll update this page on a regular basis, so be sure to bookmark it and use it as a reference in the future.
It can be hard to find unbiased information about debt consolidation because many companies have promoted misinformation and have purposefully created confusion about the differences between debt consolidation, debt management, and debt settlement. In the simplest terms, debt consolidation means combining many loans (or debts) into one larger loan. Below, you’ll find links that explain the process of debt consolidation.
After reading through the information above, you may be wondering if debt consolidation is the right option for you. Here are some links that will help you decide:
Often, using a debt consolidation calculator can help you make an informed decision about debt consolidation and how it will affect your finances in the long run. Here are a few debt consolidation calculators we’ve found that could be useful to you:
If you’re considering debt consolidation – especially if you’re examining different debt consolidation companies – you should take a look at some online debt consolidation reviews. These reviews can give you insight into how these companies are viewed by their own customers. Use the links below to find reviews of some well known companies. Keep in mind that although the companies listed below claim to do debt consolidation, some of them actually do solely debt settlement or debt management.
Student loan consolidation is different than other kinds of debt consolidation. So if you are interested specifically in student loan consolidation, use the resources below to determine what your best course of action will be.
Ben Feldman
Writer and Content Strategist
Shannon McNay
Community and Customer Support Manager