Jackie Veling

A debt consolidation loan is a loan used to combine existing debts into a single loan with one monthly payment. Ronita Choudhuri-Wade explains how they work and what to know to help you can decide if a debt consolidation loan is the right decision for you. Suggested Articles: Debt Consolidation Calculator: https://www.nerdwallet.com/article/loans/personal-loans/debt-consolidation-calculator?utm_source=yt&utm_medium=sc&utm_campaign=ba_mktg_organic_032824_social_cm_yt_vertical_promotionalexplai…

Credit union personal loans may have lower rates and more flexible terms than loans from other lenders, making them ideal for fair- and bad-credit members.

You can finance an engagement ring with a credit card, personal loan or through the jeweler. Learn more about engagement ring financing options.

Compare seven popular “buy now, pay later” apps — including Affirm, Apple Pay Later and Klarna — that split your purchase into equal installments, usually with no interest.

Buy now, pay later divides a purchase into a series of equal payments. Learn how BNPL works and whether you should choose to buy now, pay later.

Debt settlement offers a way to settle overdue bills for less than you owe, but it’s risky. Explore alternatives and know the risks.

A debt management plan from a nonprofit credit counseling company can help you pay off debt faster and for less. Learn about debt management plans and compare options.

Learn how to get out of debt in 2025 by following these four steps, starting with knowing what you owe and committing to a debt payoff strategy.

Debt consolidation rolls multiple debts into a single payment via a personal loan or balance transfer credit card. Consolidation can save you time and money.

A debt management plan can help you pay off credit card debt by lowering the interest rate and making payments more affordable. Learn how debt management plans work.