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Debt Consolidation Loans

Consolidate your debt1 and take control.

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This won’t affect your credit score.

Simplify your finances with debt consolidation.

Dealing with debt doesn’t have to be complicated. If you want to pay down your loan balances and reduce the stress of multiple bills, a debt consolidation loan could be the answer.

How does debt consolidation work?1

Debt consolidation is the process of combining multiple debts into one through a personal loan. Let's say you have $6,000 in credit card debt and owe $4,000 in medical bills. With a debt consolidation loan, you could pay off those balances with one $10,000 loan, featuring only one monthly payment amount and one monthly due date. A single loan could make your finances easier to manage. An added bonus? Your new monthly payment could be lower than your current monthly payments combined, freeing up a little extra money for other needs or future expenses.

What kind of debts can you consolidate?2

Common forms of debt you can consolidate include credit cards, household bills and installmemt loans. Sometimes referred to as credit card consolidation or bill consolidation, a debt consolidation loan can streamline your finances and make budgeting easier with predictable monthly payments.

Get an idea of how much your monthly loan payment might be by using our debt consolidation calculator.

Why should I consolidate my debt with OneMain?

At OneMain, we understand each customer is unique. There’s no “one size fits all” when it comes to debt consolidation. We’ll work with you one-on-one to understand your needs and help you decide if a debt consolidation loan is right for you. There’s also no surprises. With fixed loan terms, you’ll know exactly what to expect every month.

Today’s the day. See if you prequalify for a OneMain personal loan for debt consolidation.1

Benefits of a OneMain debt consolidation loan.1

Money

Several debts rolled into one loan

Dollar Sign

Fixed interest rate

Calendar

Only one monthly payment to remember

Ready to consolidate your debt?See if you prequalify for a OneMain personal loan now.

Check for Offers

This won’t affect your credit score.

Real debt consolidation stories from OneMain customers.3

“Far exceeded my expectations. Customer service was top-notch. I applied to simply consolidate some credit card debt but they were able to do so much more and lower my monthly payments substantially with very flexible terms. Definitely recommend OneMain! Two thumbs up!”3

— Pedro D., 8/20/19

“Great experience! Everyone was very prompt and helpful. I was able to get what I needed — financial assistance and peace of mind! The process was simple and quick, everything was handled for me and outlined so that I could understand easily. I would highly recommend to anyone looking for a personal loan for debt consolidation.”3

— Madison B., 5/14/19

3 These customer testimonials reflect individuals' personal experiences, so you may not have the same results