Debt consolidation is the process of combining multiple high-interest credit card balances into a single, more manageable payment. The goal is to simplify your finances and potentially lower your interest rate. It’s a strategy often used to avoid falling further into debt. You can learn more about the benefits of debt consolidation from the Consumer Financial Protection Bureau.

In most cases, you may see a small dip in your credit score at the beginning. However, over time, clients who stick to their program typically see improvement as accounts are paid down or resolved. Making regular payments and avoiding new debt are key. For more, check out this article by Experian on the impact of debt consolidation on credit scores.

Most of our clients complete their debt resolution plans within 24 to 60 months, depending on their total debt and how consistently they contribute to the program. Unlike minimum credit card payments, which can stretch out for decades, a structured plan provides a clear timeline. You can estimate your potential timeline using a minimum payment calculator.

No — Debt Rest’s program is not a loan. It’s a personalized debt relief strategy tailored to your unique financial situation. There are no new lines of credit involved. Instead, we help you negotiate and resolve your debts with the goal of reducing what you owe. Learn the difference between debt consolidation loans and debt settlement from NerdWallet.