Check & Compare : Which type of debt consolidation can you afford?Enter your current debt Add credit card debts Add Installment loans Your total debt $ Monthly Payment $ Suggest Debt Consolidation Type Interest Rate ArbitrationDebt ManagementDebt SettlementBankruptcy Less Payment RecommendedMonthly payments$1000$1000$1000$1000Months to become debt free11 MonthsNot applicable5 MonthsNot applicableMoney saved$208$0$5000Not applicableTotal payment made to become debt free$11000$0$5000$1500Also known as loan consolidation.Only interest is reduced.Interest and principal are reduced.Interest and principal are reduced under court supervision. Better Credit Score×Credit Card DebtsCard 1 Card 2 Card 3 Card 4 Other × Installment LoansAuto 1 Auto 2 Boat Personal Other