10 Best Debt Consolidation of 2017

Learn how debt relief services help you take control of your mounting debt problems. We review the best Debt Relief services available today.  

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A debt consolidation loan is when a person takes out a single personal loan in order to pay off other debts, such as balances on high-interest credit cards. The borrower then makes fixed, monthly payments to the lender for a set time period, usually between two to five years.

Instead of paying multiple small, unsecured loans, their new single payment is usually less than the combined ones of the previous debts, generally due to a lower interest rate. Consumers usually resort to a debt consolidation loan when they’re having a hard time making payments on multiple small loans, or are unable to negotiate a better interest rate. If their consolidation loan is secured with an asset—commonly their house—, the IRS can even offer a tax deduction.

One of the most important factors in choosing a lender for your debt consolidation is precisely whether the loan will be secured by a form of collateral—which can be easier to obtain, especially if your credit is affected—, or unsecured. Also consider possible costs and fees, such as an early repayment penalty, and the interest rate you will qualify for. Above all, compare different lenders before making a final decision, as that is the best way to get a a great deal.

If the principal is paid off more quickly than it would have been without the loan, then debt consolidation can help boost the borrower’s credit score in the long term, but this may also extend the loan's term significantly, in which case the potential savings are offset by paying more interest over time.  Opting for a secured loan puts assets in jeopardy, and if the borrowers don’t modify the habits that led them into debt, it may result in a precarious fiscal situation.

Top 10 Companies

National Debt Relief
Our Partner
9.8 / 10
  • Chosen by Almost 90% of ConsumersAdvocate Visitors
  • Our #1 Choice: 100% Satisfaction Money Back Guarantee
  • No upfront fees
  • One-on-one evaluation with a debt counseling expert
  • Reduces your debt in 24 to 48 months
  • For people with $7,500 in unsecured debts and up
  • Rated A+ by Better Business Bureau
  • Free consultation, 100% Confidential
Freedom Debt Relief
Our Partner
9.7 / 10
  • Free, personalized evaluation from certified debt specialists
  • $6 billion in debts settled
  • Resolve debt in 24 to 48 months
  • American Fair Credit Council accredited
  • For people with $25,000-$250,000 in debt
  • Get a free savings estimate
Accredited Debt Relief
Our Partner
9.6 / 10
  • Risk free, and no fees
  • Debt consolidation assistance
  • One low monthly payment program
  • Free debt counseling
  • 24 to 48 months debt settlement program
  • Unsecure debts of $10,000 and up
Pacific Debt Inc.
Our Partner
9.3 / 10
  • Get started quickly, no upfront fees
  • 14 years in business with BBB A+
  • Personal Account Manager to help settle your debt
  • IAPDA Certified Debt Counselors 
  • One low program payment, tailored to your budget
  • Online Client Portal, for easy 24/7 access
  • Free no pressure consultation to review all options
  • 24-48 month program, no upfront fees
Consolidated Credit
Our Partner
9.3 / 10
  • Free credit consultation
  • Eliminate your debt in 30 to 60 months
  • A+ Better Business Bureau Rating
  • Debt self-help tools and financial education resources
  • 5 million Americans helped in 20 years
ClearOne Advantage
Our Partner
9.2 / 10
  • A+ BBB Accredited
  • Client rating 9.4 stars 
  • 100% Service Guarantee
  • Member of American Fair Credit Council
  • No upfront fees
  • Free savings quote online or by phone
  • Professional debt consultants


Our Partner
9.2 / 10
  • Free consultation
  • Member in “Good Standing” by the OBB
  • Debt consolidation assistance
  • Money back guarantee
  • IAPDA and AFCC accredited
American Debt Enders
Our Partner
9.0 / 10
  • Free credit counselling services
  • $5,000 minimum debt
  • No credit score qualifications
  • Consolidate multiple debts into one account
  • Debt management and bankruptcy assistance
Our Partner
9.0 / 10
  • Debt consolidation loan calculator
  • Loan terms from 3 months to 15 years
  • Get loan amount from $1,000 to $35,000 is as fast as 24 hours.
  • Compare up to 5 quotes without obligation
  • Debt consolidation loan rates from 5.99% to 35.99%
  • Multiple Debt Consolidation Loan options
  • Large network of lending institutions and banks to choose from
  • A+ BBB Accredited
  • No upfront fees
  • Performance based services
  • Unsecured debts
  • Free debt consultation
  • Debt consolidation assistance
Don't see the business you are looking for?

Best Debt Consolidation: Summed Up

RankCompany NameStrengths
1National Debt ReliefBest Overall
2Freedom Debt ReliefPricing, Debt Qualifications
3Accredited Debt ReliefPricing, Services
4Pacific Debt Inc.Support

How We Compare Debt Consolidation

Select 2 debt consolidation companies to compare
Accreditations - 10%
Experience - 10%
Speed - 10%
Transparency - 10%
Debt Qualifications - 10%
Pricing - 20%
Services - 20%
Support - 10%
Editor's Choice
Our Partner