Calculator consolidating debt


This calculator is designed to help determine if debt consolidation is right for you.

Fill in your loan amounts, credit card balances and other outstanding debt.

However, if you are building up a lot of personal debt, including credit card debt, then most likely you are either in a financial hardship, or mismanaging your finances.

Is your debt helping you increase your overall financial well-being?With so much debt and different types of debt, it can be very confusing to find a debt consolidation tactic that fits your financial situation.Did you know that more than 50% of the US household have credit card debt?The total credit card debt is about 0 billion, and the average borrower balance (for those with credit card debt) is ,400.However, credit card debt isn’t the only type of debt.These are important considerations when choosing a loan.

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