Compare the top debt consolidation loans of 2016 to see if this debt-relief strategy is right for you.If you’re juggling several credit card and other debt payments, you’re a good candidate for personal loans for debt consolidation.If you’re approved for a loan, you can get funds in as little as one business day.
If one of these lenders approves your loan, you can receive funds in as little as one business day.
Loans obtained through Personal are available in amounts between $500–$35,000 and have terms between 6–72 months with APRs ranging from 5.99%–36.00%.
The company offers fixed rate APRs between 9.95%–35.99%, and you can choose from loan terms ranging from 24–60 months, depending on your needs.
Avant branded credit products are issued by Web Bank, member FDIC.
Lending Club lets you pay off your loan early to reduce interest charges with no prepayment penalty.
Since its inception in 2012, Avant has helped more than 450,000 customers secure personal loans.
The company currently offers three types of loans: peer-to-peer loans, personal installment loans and bank loans.
Each has different requirements, but the basic requirements to apply for a personal loan from Personal are: While Personal doesn’t have minimum credit score requirements for approval, you must have a reliable pattern of responsibility in your credit history.
When you’re juggling multiple credit cards and loans, it can seem like there’s no end in sight for your monthly payments, and when you’re only making your minimum payment, it might feel like you’re not making any headway in paying off your debt.
If this sounds like you, you’re definitely not alone.
This is in addition to any car, student or personal loans, so you can see how it doesn’t take long for the debt and monthly payments to stack up.