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Minimum Credit Rating to Consolidate Your Debt It is possible to consolidate personal debt when you yourself have bad credit. However, your options broaden in number and desirability should you increase credit score. Combining credit card debt when you have bad credit is actually a difficult data video game that requires some persistence and diligence to succeed. Whether your credit score are above 640, a debt consolidation loan (also called an individual mortgage) should reduce the high-interest rates billed by credit card issuers. If your credit rating has gone south of 640, possible still combine your financial troubles money minimizing the interest rates with a financial obligation management arrange from a nonprofit credit sessions service.