A debt consolidation loan is a personal loan you use to pay off several costlier debts — such as credit card dues or multiple small app loans — so you are left with one EMI. It saves money only if the new loan’s APR is lower than what you pay now and you stop adding new debt. Finriseo lets you compare offers from RBI-registered lenders before you decide.
Free to compare · No impact on your credit score · हिन्दी में पढ़ें
When it makes sense
Your credit card balance is carrying high monthly interest
You are paying several app loans with different due dates
The new loan’s APR is clearly lower than your current debts
When to avoid it
If you will keep using the cards you just cleared
If the new APR is not lower
If fees and a longer tenure make the total cost higher
How to apply on Finriseo
Enter your mobile number and verify it with an OTP
Add the amount you need, your income and PAN
Compare the offers you match
Apply to the lender you choose — they complete KYC and pay into your bank account
Frequently asked questions
Will consolidating hurt my CIBIL score?
The new application adds an enquiry, but paying off cards and loans on time usually improves your score over time.
How much do I need to borrow?
Add up the outstanding amounts you want to close, including any foreclosure charges.
Is Finriseo a lender?
No. Finriseo is a loan comparison platform. The loan is given by the RBI-registered NBFC you choose; they set the rate, fees and terms. Comparing is free for you.