Disclosures & methodology
How we calculate
Minimum payments are modeled as monthly interest plus 1% of the balance, with a $25 floor, which matches most card issuers. Consolidated payments use a standard fixed-rate amortization at the typical APR for your credit range. Origination and transfer fees are not included in the simulator unless noted.
Rates and terms
APR ranges, fees and intro periods are representative and change frequently. Your actual rate depends on your credit, income and the lender's review. Always confirm terms directly with the provider before applying.
Editorial independence
Verdicts such as "Best for fair credit" reflect our editorial judgment based on published terms. Providers cannot pay to change a verdict or ranking.
Home equity risk
Home equity loans and HELOCs are secured by your home. Missing payments can lead to foreclosure. Turning unsecured debt into secured debt is a serious decision.
Credit counseling
Debt management plans are offered through non-profit agencies. They usually require closing enrolled credit cards and may carry small monthly fees.
Not financial advice
ConsolidateRate is an educational comparison tool and does not offer credit or make lending decisions.