5 best debt consolidation options

• The best consolidation loans allow you to save money on interest, pay off debt more quickly and replace multiple debts with one new loan and payment.

• There are many options to consolidate debt, including balance transfer credit cards, home equity loans, debt consolidation loans and peer-to-peer loans.

• The best debt consolidation product for you may vary based on your credit score, debt payoff goals and overall financial health.

Debt consolidation can be an excellent tool to help you manage debt, boost your credit score and simplify your bill-paying schedule.  You can opt for secured options if you own a…