Most lenders we’ve partnered with offer a soft credit pull eligibility check, so you can review the interest rates you qualify for in just a few minutes.
This calculator does not guarantee eligibility or interest rates for credit card consolidation loans.
Please see our list of personal loan options to find and compare interest rates, as well as check eligibility.
On the other hand, an interest rate negotiation is an agreement with your creditors to lower the interest rate on your credit cards.
You’ll contact each of your creditors to request better rates on your open accounts.
By consolidating credit card debt with a personal loan, borrowers can pay off credit card debt in a fixed number of years and at potentially lower interest rates too.
See how much you could save with our Credit Card Consolidation Calculator below and check out our personal loan rates for consolidating credit cards.
helps you pay off debts by consolidating your bills into one simple, monthly payment – often with a lower interest rate than you’re currently paying to your existing creditors.
The DMP includes comprehensive debt counseling, customer service, and financial education – all designed to teach you smart money management skills to help you stay debt-free for life.
The lender will pay off your credit card bills, and in exchange you’ll enter into a loan agreement with the lender to pay back the money.
For a credit card consolidation loan to be worth your while, you’ll want a plan that offers a lower interest rate and/or lower monthly payments than you’re currently paying to your creditors.
Student Loan Hero is not a lender or investment advisor.