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Easily consolidate your debt into one manageable payment

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How Debt Consolidation Works

Combine Debts Into One Payment

Debt consolidation combines your debts into one single loan. This means you'll only have one payment each month, making things simpler and easier to manage.

Lower Your Interest Rate

By consolidating, you may qualify for a lower interest rate, meaning less of your payment goes toward interest. This helps you save money immediately.

Get Out of Debt Faster

With one manageable payment and reduced interest, you'll make steady progress, helping you pay off your debt in a shorter timeframe and easing financial stress.

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Common Questions About Debt Consolidation

What is debt consolidation, and how does it work?

Debt consolidation combines multiple debts into one loan with a single monthly payment. This makes it easier to manage your finances and often reduces the overall interest rate.

Will debt consolidation hurt my credit score?

Initially, your credit score may dip slightly due to a hard credit inquiry. However, as you make timely payments, consolidation can actually improve your credit over time by lowering your credit utilization rate and helping you avoid missed payments.

How much can I save with debt consolidation?

Your savings depend on your current interest rates, loan terms, and payment amounts. Typically, consolidating high-interest debts into a lower-interest loan saves money on interest and can reduce monthly payments.

Am I eligible for debt consolidation?

Eligibility varies by lender, but generally, you'll need to have a steady income and a credit score that meets the lender's requirements. Some programs may also be available for people with less-than-perfect credit.

Look who's already saving

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David M

From Arizona

"I consolidated $23,000 in credit card debt and now save over $400 every month on payments. The process was easier than I expected!"

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Rachel K

From Oregon

"After consolidating my debt, my interest rate dropped from 24% to 9%. I'm finally seeing my balances go down instead of up!"

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Thomas B

From Michigan

"Managing five credit cards was overwhelming. Now I have one payment, and I'll be debt-free in just 36 months. What a relief!"

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Jennifer P

From Georgia

"I was drowning in medical bills and credit card debt. Consolidation helped me combine $15,000 into one manageable monthly payment."

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Marcus L

From Nevada

"My credit score has improved by 85 points since consolidating my debt six months ago. The financial guidance was invaluable!"

Five Reasons to Consolidate Your Debt

1. Simplify Your Finances

Combining multiple debt payments into a single monthly payment streamlines your finances, making it easier to keep track of due dates and stay on top of payments without the risk of missing one.

2. Reduce Your Interest Rate

High-interest credit cards and loans can keep you trapped in debt for years. With a debt consolidation loan, you may qualify for a lower interest rate, which reduces the amount you pay in interest over time and helps you save money.

3. Lower Monthly Payments

Debt consolidation often results in lower monthly payments, which can ease financial pressure and free up money for other essentials or savings, helping you regain control over your budget.

4. Pay Off Debt Faster

With lower interest rates and a structured payment plan, debt consolidation can help you pay off debt more quickly than if you continued making minimum payments on multiple high-interest accounts.

5. Reduce Financial Stress

Managing multiple debts can be stressful. Debt consolidation simplifies your obligations, making financial management less overwhelming and giving you peace of mind as you work toward becoming debt-free.

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