Use Chase’s debt Calculator to help determine how much you may be able to save by consolidating your debt into a home equity line of credit.
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· For most respondents, a debt consolidation loan was a good choice. More than 28% were able to lower monthly payments using their debt consolidation loan, nearly 27% lowered or eliminated debt and about 9% improved their credit score.
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There is an inherent flexibility with Peer-to-Peer lending that makes it one of the best places to go for people with bad credit seeking a debt consolidation loan. P2P lenders choose who they want to do business with and how much risk they are willing to take.
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Should you consolidate your debt? This calculator is designed to help determine whether debt consolidation is right for you. Enter your credit cards, auto loans, and other installment loan balances by clicking on the "Enter Data" button for each category.