To qualify for a debt consolidation loan, calculate your debt-to-income ratio and evaluate your financial situation, you’ll need to gather quite a few documents — both for your own knowledge and for ...

We may be just a couple of months into the new year, but there has already been plenty of bad news about debt levels in the U.S., signaling that the issues we saw in late 2024 are continuing into 2025 ...

Not sure how much debt you have? You can use our free debt consolidation calculator to plug in all of your credit card balances, interest rates and monthly payments in one place. Plus, see what you ...

Debt consolidation can simplify your finances and potentially lower your interest rate. There may be upfront costs that can offset potential savings. People with good credit may qualify for better ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...

Courtney Reilly-Larke is the deputy editor of Forbes Advisor Canada. Previously, she was the associate editor of personal finance at MoneySense. She was also managing editor of Best Health Magazine ...