Top Debt Consolidation Companies

Compare major providers and find the best debt consolidation company for your needs.

Our Top Pick

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Accredited logo

4.9

You could lower your debt by up to 50%!

  • Lower monthly payment
  • No upfront enrollment fees
  • Customized plans

Why Debt Consolidation Is a Smart Move

Debt consolidation allows you to combine numerous debt obligations into one and streamlines the repayment process for credit cards, loans, and other bills.

Debt consolidation usually includes lower monthly payments and a repayment plan that saves money and resolves debt faster than you could on your own.

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1

Our Top Pick

Accredited logo

4.9 Excellent

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TCR Editor’s #1 Pick
Lower Monthly Payment
No Credit Score Required
Loan Options Available
A+ Rating with BBB

2

Upstart logo

4.0 Good

No Minimum Credit Score
Soft Credit Check To Pre-Qualify
Get Funding In One Day

3

LendingClub logo

4.0 Good

Minimum Credit Score: 600
Loans Funded In One Week
Get A Lower Rate With A Co-Borrower

4

Prosper logo

3.5  Fair

Minimum Credit Score: 600
Soft Credit Check To Pre-Qualify
Home Equity Credit Options Available

5

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3.5 Fair

Minimum Credit Score: 600
Soft Credit Check To Pre-Qualify
Home Equity Credit Options Available

But Is Debt Consolidation Right for Me?

If you struggle to keep up with your debts, consolidation could make the repayment process less overwhelming.

Debt consolidation is a straightforward process that is easy to follow and complete when you work with a trusted company.

One of our top rated companies could be right for you if you would benefit from low-stress monthly payments, a manageable repayment timeline, and substantial savings on the overall amount of debt repaid.

Low-Stress, Monthly Payments

Merging your debts reduces the number of payments, due dates, and account logins you have to remember. Less to manage every month will lower your stress levels.

A Manageable Timeline

Most debt consolidation programs create a custom payment plan with a target payoff date. Seeing your progress as you move toward the finish line will motivate you to keep going.

Reduced Interest and Fees

The best debt consolidation companies will help you resolve your debt for a lower interest rate. You can save on monthly payments and avoid costly fees.

Understanding Loan Rates

  1. Upstart – Rates for personal loans provided by Upstart range from 5.40% to 35.99% APR with repayment terms from 36 to 60 months. 
  2. LendingClub – Rates for personal loans provided by LendingClub range from 6.34% to 35.89% APR with repayment terms from 36 to 60 months. 
  3. Prosper – Rates for personal loans provided by Prosper range from 7.95% to 35.99% APR with repayment terms from 36 to 60 months. 
  4. LightStream – Rates for personal loans provided by LightStream range from 4.49% to 20.49% APR with repayment terms from 36 to 72 months.

Personal loan offers provided from the lenders on this page will have a rate no higher than 35.99%, with repayment terms ranging from 36 to 72 months. Actual rate depends on credit score, loan term, and other factors. Please visit the lender’s website for a representative example of the total cost of the loan, including all applicable fees.

A representative loan example: For a $10,000 personal loan with a 36 month repayment term, 18.49% APR (including a 5% origination fee), you would receive $9,500 and your required monthly payments would be $346.65. Over the life of the loan, you would pay back a total of $12,479.52. The APR for your loan may be higher or lower than this amount. Actual rate depends on credit score, loan term, and other factors. Please visit the lender’s website for a representative example of the total cost of the loan, including all applicable fees.

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This site is a free online resource that offers helpful reviews and company comparisons to its visitors. The site operator may accept advertising compensation from some of the companies that appear on the site. This compensation may impact the location and order in which companies or their products are presented. Ratings that appear on this site are determined by our subjective opinion and are based on a brand or product’s market share, reputation, services, conversion rates, general consumer interest, fees and features. Company listings or rankings that appear on this site should not be construed as endorsements. Any relationship that you may form with the third parties that may be advertised or listed on this site is exclusively between you, as the consumer, and those third parties. All representations and warranties regarding the information presented on this site are disclaimed. The information, including pricing, which appears on this site is subject to change at any time. Not all companies, websites, products or services that may be available to you have been reviewed by this website.

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Advertising Disclosure

This site is a free online resource that offers helpful reviews and company comparisons to its visitors. The site operator may accept advertising compensation from some of the companies that appear on the site. This compensation may impact the location and order in which companies or their products are presented. Ratings that appear on this site are determined by our subjective opinion and are based on a brand or product’s market share, reputation, services, conversion rates, general consumer interest, fees and features. Company listings or rankings that appear on this site should not be construed as endorsements. Any relationship that you may form with the third parties that may be advertised or listed on this site is exclusively between you, as the consumer, and those third parties. All representations and warranties regarding the information presented on this site are disclaimed. The information, including pricing, which appears on this site is subject to change at any time. Not all companies, websites, products or services that may be available to you have been reviewed by this website.

Trusted Company Reviews may earn commission from qualifying purchases made as a result of our reviews and content.

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