 TITLE: Can Debt Consolidation Affect Your Credit Score? CONTENT: How Can I Consolidate My Debt?\n------------------------------\nThe most popular form of debt consolidation is using a newly opened low-interest loan to assume existing high-interest debt. In this scenario, you can apply for a personal loan or low-interest credit card and use the new credit to pay off their existing higher-interest debt.\n> Find the best personal loans in Experian CreditMatch™.\nAnother method of debt consolidation is using a debt management plan, in which you and a credit counselor develop and agree to a repayment plan for your debt. While this method may also help you pay off your debt, credit counselors often have certain requirements, some of which might lower your credit score.\nYou can get your credit score and find more information about your credit file by using Experian's CreditWorks. END