Consolidating credit cards calculator

Compare loans for debt consolidation and learn about your options for consolidating debt.With a debt consolidation loan, a lender issues a single personal loan that you use to pay off other debts, such as balances on high-interest credit cards.If instead of consolidating your credit cards, you would rather pay them off using the rollover (snowball) method, please visit the Rapid Debt Reduction Calculator.Do you look down your nose at a person who drinks too much, eats too much, smokes, or does illegal drugs?Keep in mind, though, while your monthly payments will be lower, in the long term you may pay more interest if the debt is extended over a longer period of time.Note: No Discover Financial accounts may be paid off with this debt consolidation.If you've never experienced it, self-inflicted financial devastation and the sky-high stress levels that come with it can be every bit as hazardous to your family, your health and your happiness as any other form of "substance" abuse.

We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice.

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