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Category: Debt Consolidation Loans

Best Debt Consolidation Loans

Regardless of the amount of your debt and your reasons for the debt, it’s not the end of the world. Even though it is a little controversial, debt consolidation can actually be a relief for millions of people with a high level of debt or with high interest rates which makes it impossible to pay their debt off.

Debt consolidation is simply a method often used in this situation which helps consumers simplify their budget by lowering the amount of their monthly payments. So, a debt consolidation loan is simply a type of loan whose funds will be used towards paying off existing debt(s). A debt consolidation loan often offers lower interest rates than existing debt. Please find bellow a ranking of lenders with beneficial debt consolidation loans.

Provider DescriptionScore More
Prosper

Prosper

Peer-to-peer loans up to $35,000 with fixed APR from 5.99% and terms up to 5 yrs for qualified borrowers with at least 640 credit score.

Up to $35,000

2 PersonalLoans

PersonalLoans

Personal loans from $1000 up to $35,000 with APR from 6% by matching borrowers with the proper lenders' offers. Bad credit is OK.

Up to $35,000

3 UpStart

UpStart

Peer-to-peer loans up to $50,000 and rates starting at 9.57% APR. The best option for personal loans if your credit score is at least 640.

Up to $50,000

4 SoFi

SoFi

Personal loans from $5,000 up to $100,000 with rates starting at 4.73% have cemented SoFi as one of the favorite online lenders in the country.

Up to $100,000

SoFi

SoFi

0

Fast personal loans from $5,000 up to $100,000 with interest rates from 4.73% have cemented SoFi as one of the favorite online lenders in the country.

Up to $100,000

UpStart

UpStart

0

UpStart offers Peer-to-peer loans up to $50,000 and low rates starting at 9.57% APR. The best option for personal loans with credit score of at least 640

Up to $50,000

PersonalLoans

PersonalLoans

0

PersonalLoans.com offers personal loans from $1000 up to $35,000 with APR from 6% by matching borrowers with the proper lenders' offers. Bad credit is OK.

Up to $35,000

Prosper

Prosper

0

Prosper offers peer-to-peer loans up to $35,000 with fixed APR from 5.99% and terms up to 5 years for qualified borrowers with at least 640 credit score.

Up to $35,000