Loan consolidating companies
Here is a full list of the criteria I considered while making my picks: After considering all of these criteria, Lending Club, Avant, and Personal rose to the top of my list.
But before you take out a debt-consolidation loan with these or any other lenders, read on to make sure you know as much as possible about debt consolidation.
The information in our reviews could be different from what you find when visiting a financial institution, service provider or a specific product's website.I received answers to my questions through a helpful online chat service, which was a nice bonus with Avant.However, you’re subject to higher APRs with Avant, which means this probably won’t be the best choice for those with good or excellent credit.That makes it difficult to know in advance what kind of APR you will be offered, what fees might come attached to your loan, and other crucial information that can be easier to discern with a direct lender.
Pros Avant focuses on offering access to loans to borrowers with slightly lower credit scores than Lending Club.
Upstart also only makes three-year or five-year loans, so if you want a longer or shorter term, you’re out of luck.