Best companies for consolidating debt
After you provide some information about your debts, the website will present the best way forward.You may be matched to debt consolidation loans, debt settlement companies, or credit counseling depending on your individual situation.For some people, it’s a smart choice that gets your debts organized while potentially lowering your monthly payments. Research each one carefully to see which one can help you with your debt consolidation.Different lenders are ideal for different borrowers.The minimum credit score is just a 600, but the average borrowers is higher.
There’s also a large cap on loans, all the way up to ,000.
One of the great things about borrowing with them is that once you are approved and agree to your loan terms, you can get funding in as little as a day.
This is a great benefit if you have a number of due dates coming up and want to get started paying off your current creditors as soon as possible.
Their loan terms range anywhere between two and five years, so you can choose to either pay off your debt aggressively or take the slow and steady route.
Lending Club differs from Avant in that it’s a peer-to-peer lender.