3 Ways to Consolidate Debt -- and Make It Cheaper to Pay Off

3 Ways to Consolidate Debt -- and Make It Cheaper to Pay Off

Or maybe you racked up medical debt and are trying to manage that plus a few credit card balances. Here are a few options for consolidating your debt -- and lowering the interest rate so it costs you less. With a balance transfer, you move your existing credit card balances onto a single card with a lower interest rate than what you currently pay.