The 10 best places for debt consolidation loans are illustrated below. These ratings are based on customer reviews and accreditations. 

Personal loans can be one of the best ways to consolidate credit card debt and other payments, into one affordable monthly payment.  If you can get a low-interest debt consolidation loan and use it to pay off high-interest accounts, you’ll save money and get out of debt faster. 

Taking out a personal loan for the purpose of debt consolidation is proven to work, but there are companies out there with hidden terms, high-interest rates, and other predatory tactics in the fine print. Especially if your credit score is low, lenders will often take advantage of a person by charging them high fees and interest rates. If you have bad credit, debt consolidation probably won’t be your smartest financial choice. Even the most reputable and trustworthy debt consolidation companies will charge high-interest rates and fees in exchange for approving someone for a loan with bad credit. “Debt consolidation loans are not for individuals with a credit score of 700 or less,” according to TrustedCompanyReviews.com. Instead, if you have a credit score of 700 or less, consider one of the Top Ten Debt Relief Companies Here.

How can a person avoid getting taken advantage of by a debt consolidation company? You can use sources like the Better Business Bureau and verified online resources that are unbiased – offering you advice and tips without an agenda. For example, here is a list of ten potential debt consolidation loan companies that are used by thousands on a yearly basis, and have just as many success stories for helping those in deep credit debt get back on their feet, in alphabetical order.

Top 10 Debt Consolidation Loans (Best Companies for 2019)