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Actually, at one point nearly 60% of all borrowers reported that they intended to use the loan to consolidate debt, but that number has come down a bit.

Here’s a chart showing the top uses of Lending Club loans: There are a number of ways to consolidate debt.

Cambridge Credit Counseling is a non-profit credit and housing counseling agency that was founded in 1996.

They provide various counseling services and financial literacy education to consumers across the country.

Along with key review factors, this compensation may impact how and where products appear on the page (including, for example, the order in which they appear).

Bad does not include listings for all financial products.

Many Americans have found themselves deep in debt in recent years and don’t know which way to turn.National Debt Relief offers debt reduction, financial consultations, credit counseling, debt consolidation and education.National Debt Relief focuses on helping individuals and families get out of debt and avoid bankruptcy.Bad is a free online resource that offers valuable content and comparison services to users.To keep this resource 100% free for users, we receive advertising compensation from the financial products listed on this page.Perhaps this isn’t surprising given the high cost of living, relatively low wages, and the meager savings that most of us manage to set aside.