Personal Loans for Debt Consolidation

A personal consolidation loan is the most common way to consolidate debt — an unsecured, fixed-term loan used to pay off multiple existing debts, leaving one predictable monthly payment.

Fixed rate and fixed term — usually 24 to 84 months

Funds are typically deposited directly, or sent straight to your creditors

Unsecured — no collateral required, unlike home equity options

Rates commonly range 7%-36% APR depending on credit profile

Run your numbers with our Debt Consolidation Loan Calculator before applying.

Related Articles

Next: Home Equity Consolidation