Debt Consolidation
Simplify Your Payments. Lower Your Stress.
Debt consolidation is one of the smartest ways to regain financial control. By combining multiple high-interest debts into a single, manageable monthly payment—often with a lower interest rate—you’ll simplify your finances and reduce stress.
At ClearPath Financial Network, we specialize in helping you find the right consolidation strategy tailored to your situation.
How Debt Consolidation Works
Instead of juggling multiple bills, due dates, and interest rates, debt consolidation allows you to roll several unsecured debts—such as credit cards, personal loans, or medical bills—into one.
✅ One monthly payment
✅ Lower overall interest rates
✅ Less stress, more control
Benefits of Debt Consolidation
✅ Reduce total monthly payments – Free up more of your budget.
✅ Minimize interest rates – Save money long-term.
✅ One easy payment – No more juggling multiple creditors.
✅ Improve credit health – On-time payments rebuild your score.
Is Debt Consolidation Right for You?
You may be a good candidate if:
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You carry multiple high-interest debts (credit cards, payday loans, etc.).
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You find it difficult to make your minimum payments.
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You need a more manageable repayment plan.
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You want to lower your overall interest rates and simplify your finances.
Our Debt Consolidation Process
Step 1
Free Consultation
Speak with a specialist to review your debt and financial goals.
Step 2
Customized Plan
Receive a tailored strategy to streamline your payments.
Step 3
Debt Negotiation
We work directly with creditors to secure lower rates and better terms.
Step 4
Ongoing Support
Our team stands with you until you’re debt-free.
Debt Consolidation FAQs
Most unsecured debts can be consolidated, including credit cards, medical bills, personal loans, private student loans, and lines of credit. However, debts like federally-backed student loans, mortgages, and car loans usually aren’t eligible for consolidation.
Debt consolidation can positively affect your credit score over time if you make on-time payments and reduce your credit utilization. However, applying for a consolidation loan might cause a small, temporary dip in your score.
The length of time for consolidation depends on the complexity of your debt and the solution we agree upon. Typically, consolidation loans can be processed in a few weeks, but the full benefits will unfold over time as you make consistent payments.
Debt consolidation is often a more favorable option than bankruptcy, as it allows you to keep your assets and maintain better control of your financial future. Bankruptcy can have long-term effects on your credit, while debt consolidation can improve it if managed properly.