Debt Consolidation & Credit Card Payoff Loans

Lower your monthly payments by combining high-interest credit card debt into one low fixed APR loan.

10 Lenders Available

Guide & Insights

Streamline multiple credit card balances or high-interest debts into a single, predictable monthly payment to save money and pay off debt faster.

Credit Card PayoffDiscover Bank
Min Credit: 660+

Discover Personal Loans

Consolidation loan where Discover directly pays off your existing credit card creditors.

APR Range7.99% ~ 24.99%
Max Loan Amount$40,000
Origination Fee$0 (No Fee)
Funding SpeedNext Business Day
Pros:
  • Direct creditor payoff service
  • 30-day money-back guarantee
  • Household income accepted
Cons:
  • Maximum loan limit capped at $40,000
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Fair Credit FriendlyCross River Bank
Min Credit: 580+

Upgrade Personal Loans

High acceptance rates for borrowers with fair credit, freelancers, and self-employed individuals.

APR Range8.49% ~ 35.99%
Max Loan Amount$50,000
Origination Fee1.85% - 9.99%
Funding Speed1 Business Day
Pros:
  • Accepts credit scores down to 580
  • Easy verification for freelancers
  • Fast 1-day funding
Cons:
  • Origination fee applies (1.85%-9.99%)
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Joint ApplicationLendingClub Bank
Min Credit: 600+

LendingClub Personal Loan

Boost approval chances for homemakers or freelancers by applying with a co-applicant or spouse.

APR Range8.98% ~ 35.99%
Max Loan Amount$40,000
Origination Fee3.00% - 8.00%
Funding Speed2 Business Days
Pros:
  • Supports joint applicants (including spouses)
  • Streamlined debt consolidation
  • Accepts 600+ score
Cons:
  • Origination fee applies
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P2P NetworkProsper Marketplace
Min Credit: 600+

Prosper Peer-to-Peer Loan

Pioneer peer-to-peer lending platform connecting borrowers directly with investors.

APR Range8.99% ~ 35.99%
Max Loan Amount$50,000
Origination Fee1.00% - 7.99%
Funding Speed1-3 Business Days
Pros:
  • Joint application allowed
  • Fixed interest rates
  • Flexible 2-5 year terms
Cons:
  • Origination fee charged
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Rate Discount OptionFreedom Financial
Min Credit: 620+

FreedomPlus Personal Loan

Receive rate discounts by adding a qualified co-applicant or using direct creditor payoff.

APR Range7.99% ~ 29.99%
Max Loan Amount$50,000
Origination Fee1.99% - 4.99%
Funding Speed2 Business Days
Pros:
  • Extra discounts with co-signer
  • Up to $50,000 limit
  • Self-employed eligible
Cons:
  • Origination fee applies
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Consolidation SpecialistAchieve Financial
Min Credit: 620+

Achieve Personal Loan

Specialized debt consolidation loan offering rate discounts for direct creditor payments.

APR Range8.99% ~ 29.99%
Max Loan Amount$50,000
Origination Fee1.99% - 6.99%
Funding Speed2 Business Days
Pros:
  • Direct payoff rate discount
  • Fixed monthly terms
  • Self-employed accepted
Cons:
  • Origination fee charged
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Credit Card PayoffHappy Money
Min Credit: 640+

Happy Money Payoff Loan

Tailored personal loans designed specifically to eliminate high-interest credit card debt.

APR Range8.99% ~ 29.99%
Max Loan Amount$40,000
Origination Fee0.00% - 5.00%
Funding Speed2-5 Business Days
Pros:
  • $0 Late fees
  • Specialized for credit card payoff
  • Household income accepted
Cons:
  • Strict DTI ratio review
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Citi Member PerkCitibank
Min Credit: 680+

Citi Personal Loan

Fee-free fixed-rate personal loans tailored for Citibank account holders.

APR Range8.99% ~ 20.49%
Max Loan Amount$50,000
Origination Fee$0 (No Fee)
Funding Speed2 Business Days
Pros:
  • $0 Origination fee
  • Direct debt payoff service
  • Fixed monthly payment
Cons:
  • Citibank customers only
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M&T BankM&T Bank
Min Credit: 660+

M&T Bank Personal Loan

Debt consolidation and personal financing for East Coast and Mid-Atlantic residents.

APR Range8.25% ~ 21.5%
Max Loan Amount$50,000
Origination Fee$0 (No Fee)
Funding Speed2 Business Days
Pros:
  • $0 Origination fee
  • Customizable monthly schedule
  • Self-employed accepted
Cons:
  • Regional availability
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Open NationwidePenFed CU
Min Credit: 650+

PenFed Personal Loan

Low-rate credit union personal loans open to all US residents regardless of military status.

APR Range7.74% ~ 17.99%
Max Loan Amount$50,000
Origination Fee$0 (No Fee)
Funding Speed1-2 Business Days
Pros:
  • APR capped under 18.00%
  • $0 Origination fee
  • Homemaker/self-employed accepted
Cons:
  • Credit union membership required
Check Rates & Apply Online →