According to the Canadian Bankers Association, 40% of Canadians do not pay their credit card balance in full each month. When you know that credit cards are among the most expensive debts, there is reason to be concerned.

A recent report by Sallie Mae shows that the average college student has more than four credit cards with a combined balance of more than 3,000 dollars. Some students have as much as '7,000 in credit card debt. Closing with so much credit card debt can put a damper on your plans for entering the real world, especially if you missed or failed payments.

A recent report by Sallie Mae shows that the average college student has more than four credit cards with a combined balance of more than 3,000 dollars. Some students have as much as '7,000 in credit card debt. Closing with so much credit card debt can put a damper on your plans for entering the real world, especially if you missed or failed payments.

A debt consolidation loan combines high-interest debt, like credit cards, into one manageable personal loan.

This guide to the best debt consolidation loans explains the borrowing process and how to pick the right personal loan for your needs.

Compare and choose the right personal loan provider for your needs, whether it's debt consolidation, credit card refinancing, or a major purchase.

Compare and choose the right personal loan provider for your needs, whether it's debt consolidation, credit card refinancing, or a major purchase.