Will debt consolidation affect my credit score?

Consolidating debt does not directly harm your credit. In fact, it can improve your score over time as you make on-time payments and lower your credit utilization. However, closing old accounts after consolidation may temporarily impact your score. Credit scoring companies use many factors to establish a credit score. The most impactful are on-time payments, your debt amount, and the debt-to-balance ratio (also known as the credit utilization ratio).

Is it hard to get approved for debt consolidation?

Lenders consider your credit score, income, and debt-to-income ratio when determining eligibility. While traditional banks require excellent credit, many online lenders offer flexible options for borrowers with fair or even poor credit. Your loan terms will depend on your credit profile and financial situation.

Can I consolidate all my debts into one payment?

Yes! A debt consolidation loan allows you to roll multiple debts into a single monthly payment—helping you stay on track and pay off debt more efficiently.

What are the benefits of debt consolidation?

Debt consolidation simplifies your finances by merging multiple debts into one fixed monthly payment. It can help you: - Reduce high-interest rates - Pay off debt faster - Lower monthly payments - Avoid missed due dates

Take Control of Your Finances & Escape High-Interest Debt

Find Your Path to Financial Freedom
Consolidate your debt today with a fast, hassle-free process.

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No impact on your credit score

Simplify Your Debt. Reduce Stress. Take Control of Your Finances.

If you’re feeling overwhelmed by multiple debts, juggling high-interest payments, or struggling to keep track of due dates, debt consolidation could be the right solution for you. When you combine unsecured debts—such as credit cards, medical bills, or personal loans—into a single, manageable payment, it simplifies your finances and can accelerate your journey toward financial freedom.

At Smart Path Capital, we help you consolidate high-interest debt into one easy payment with predictable terms. No more multiple bills, fluctuating interest rates, or uncertainty—just a clear, structured path to getting out of debt.

Free yourself from financial stress today by reviewing your debt consolidation options.

Get Started

Apply for Debt Consolidation Today

Consolidate multiple debts into one fixed monthly payment

Borrow up to $50,000

Get same-day funding (where available)

No impact on your credit score

How Does Debt Consolidation Work?

Credit card companies profit from keeping you in debt with sky-high interest rates and minimum payments that barely touch the principal. This cycle can make it impossible to get ahead, especially if you only pay the minimum amount due each month.

Smart Path Capital is here to change that. Our debt consolidation programs allow you to combine multiple debts—credit cards, medical expenses, payday loans, and more—into a single loan with a structured repayment plan. This strategy helps to reduce stress, save on interest, and regain financial control.

We help you escape high-interest credit card debt, giving you the opportunity to regain control of your finances and achieve the financial freedom you deserve.

Apply Now

(888) 535-5560

A Smarter Way to Pay Off Debt

Choose the debts you want to consolidate
Select the best repayment plan for your budget
Make one fixed monthly payment instead of juggling multiple bills

Debt Consolidation Can Help You Pay Off:

High-interest credit card balances
Unsecured personal loans
Unsecured lines of credit
Medical expenses
Store credit card debt
Unsecured business-related debts
Collection accounts
Payday or title loans

Start Your Debt-Free Journey in Four Simple Steps

The Process is Easy:

Get Started Today

Apply Online – Complete our quick, secure application.
Talk to an Expert – Discuss your financial goals with a specialist.
Select Your Plan – Choose the terms and payment that work best for you.
Consolidate & Save – Enjoy lower interest and a single monthly payment.

Will debt consolidation affect my credit score?

Consolidating debt does not directly harm your credit. In fact, it can improve your score over time as you make on-time payments and lower your credit utilization.

However, closing old accounts after consolidation may temporarily impact your score. Credit scoring companies use many factors to establish a credit score. The most impactful are on-time payments, your debt amount, and the debt-to-balance ratio (also known as the credit utilization ratio).
Is it hard to get approved for debt consolidation?

Lenders consider your credit score, income, and debt-to-income ratio when determining eligibility. While traditional banks require excellent credit, many online lenders offer flexible options for borrowers with fair or even poor credit. Your loan terms will depend on your credit profile and financial situation.
Can I consolidate all my debts into one payment?

Yes! A debt consolidation loan allows you to roll multiple debts into a single monthly payment—helping you stay on track and pay off debt more efficiently.
What are the benefits of debt consolidation?
Debt consolidation simplifies your finances by merging multiple debts into one fixed monthly payment. It can help you:
- Reduce high-interest rates
- Pay off debt faster
- Lower monthly payments
- Avoid missed due dates
How does debt consolidation work?

Debt consolidation is a financial strategy that replaces multiple debts with a single loan. Once approved, you’ll use the funds to pay off your existing balances. This new loan features fixed terms, a predictable monthly payment, and a payoff plan to help you eliminate debt more efficiently.

REPRESENTATIVE EXAMPLE OF APR

If you borrow $30,000 over a term of 5 years (60 months) with an APR of 4.99% you will pay $566.00 each month. The total amount payable will be $33,959.97, with total interest of $3,959.97.

ANNUAL PERCENTAGE RATE (APR)

Annual Percentage Rate (APR) represents the annualized interest rate you are charged for borrowing. It is the combination of the nominal interest rate and some additional costs such as fees involved when incurring debt. Our lender offers APRs for personal loans, cash advance loans, installment loans and debt consolidation loans from 4.99% to 35.99%. Since New Start Capital does not directly issue loans, we cannot deliver any specifics or guarantee the APR you will be offered. The APR depends solely on your lender’s decision, based on various factors including your credit score, credit history, income, and some other information you supply in your request. For more information regarding the APR contact your lender.