If you're looking to consolidate your debt, you'll need to meet the lender's minimum credit score requirement. This is usually in the mid-range of 600, although some lenders with bad credit may accept scores as low as 580. Many banks offer free tools that allow you to check and monitor your credit score, so you can make sure you're meeting the requirements. Debt consolidation loans are a great way to reduce your monthly payments and get out of debt faster.
A debt consolidation calculator can help you determine how much you can save by consolidating your debt. Additionally, balance transfer credit cards can be a great way to reduce your interest rate and pay off your debt faster.