Debt consolidation loans are when a lender can issue a single personal loan so you can pay your other debts. (consolidate.loan)
With a debt consolidation loan, a lender issues a single personal loan that you use to pay off other debts, such as balances on high - interest credit cards. (nerdwallet.com)
Applying for a single personal loan after doing some comparison shopping could deliver less of a ding to your score. (mybanktracker.com)