According to data released by the Federal Reserve this February, Americans' revolving, non-mortgage credit increased in December 2014 to $3.3 trillion -- while non-revolving credit (such as student and auto loans) rose to $2.42 trillion, as reported by USA Today.
Whether you owe student loans or carry a balance on your credit cards, the impact of debt can be felt in many areas of your life.
All in all, there is no shortage of options when it comes to student loan consolidation and refinancing companies.
We have outlined the offerings of 19 of the main student loan consolidation companies above to help you find the best student loan consolidation company for your specific needs.
Personal loans provide another option for those who are looking to manage their debt.