What Is a Debt Consolidation Loan? | Capital One Debt consolidation rolls multiple debts into a single account with one monthly payment Consolidating debt might help save money on monthly payments, interest or both But it doesn’t eliminate debt Credit card balance transfers are another way to consolidate debt from credit cards and other loans
Consolidation - definition of consolidation by The Free Dictionary 1 an act or instance of consolidating; the state of being consolidated; unification 2 solidification; strengthening 3 something that is or has been consolidated; a consolidated whole 4 a statutory combination of two or more corporations
consolidation noun - Definition, pictures, pronunciation and usage . . . the act or process of making a position of power or success stronger so that it is more likely to continue The Oxford Learner’s Thesaurus explains the difference between groups of similar words Try it for free as part of the Oxford Advanced Learner’s Dictionary app
Debt Consolidation Guide: How It Works [June 2025] Consolidation merges multiple bills into a single debt that is paid off monthly through a debt management plan or consolidation loan Debt consolidation reduces the interest rate on your debt, lowers monthly payments and simplifies bill paying
Consolidation - Wikipedia Debt consolidation, the process of combining two or more loans into one big loan Federal student loan consolidation, allows students to consolidate student loans into one single debt
What Is Debt Consolidation? - Business Insider If you're struggling to pay multiple debts every month, debt consolidation may be right for you You can use personal loans, balance transfer credit cards, or home equity to consolidate your