Lakeside Lending
- No origination fee
- Same-day funding available
- Rate discount with autopay
Est. APR
8.49% – 21.99%
Amount / terms
$2,000–$50,000
24–60 months
Debt consolidation loans
Consolidation replaces several high-interest balances with one fixed monthly payment — often at roughly half the APR of the cards it pays off. It works when the new rate beats your blended card rate and you stop re-spending on the cleared cards.
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Harbor Credit Union
- Member-owned, lower rates
- No prepayment penalty
- Joint applications accepted
Est. APR
9.15% – 17.85%
Amount / terms
$1,000–$35,000
12–48 months
Foundry Bank
- Large loan amounts
- Fixed rates for full term
- Debt consolidation specialists
Est. APR
10.24% – 24.49%
Amount / terms
$5,000–$100,000
36–84 months
Advertiser disclosure: sample offers shown until partner integrations go live. Your actual rate depends on credit profile, income, and state.
Debt consolidation: FAQs
Does consolidation hurt my credit?
There is a small dip from the hard inquiry and new account, but paying off revolving balances usually drops utilization sharply — most people net positive within a few months.
What rate do I need to make it worth it?
Compare against the weighted average APR of the debts you are consolidating. Most cards charge 20%+; consolidation loans for good credit run 8%–15%.
Can lenders pay my cards directly?
Several lenders offer direct payoff to your creditors, which removes the temptation to spend the lump sum and sometimes earns a rate discount.