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 ...

Debt consolidation can help some borrowers pay off debt faster by combining their debts, simplifying their monthly payments, and even saving money on interest. If you're having trouble keeping up with ...

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 ...

*Rates and APRs are subject to change. All information provided here is accurate as of May 29, 2025. Credit card rates have been climbing in recent years, making it more expensive to service ...

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, ...

Although lenders differ, most require that borrowers have a good credit score, a low debt-to-income ratio and a steady income. Some lenders cater to borrowers with lower credit or allow for co-signers ...

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 ...