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  1. Apr 2, 2024 · Debt consolidation is a form of debt refinancing in which the borrower takes out a loan, credit card or line of credit and uses it to pay off other debts. This helps debt repayment as the borrower ...

  2. May 22, 2024 · Fixed rates from 8.99% APR to 29.49% APR reflect the 0.25% autopay interest rate discount and a 0.25% direct deposit interest rate discount. SoFi rate ranges are current as of 02/06/2024 and are ...

  3. May 17, 2024 · Truist is our preferred lender for borrowers seeking debt consolidation loans with same-day funding, earning a MoneyGeek score of 96 out of 100. It offers personal loans starting at $3,500, flexible repayment terms from 24 to 60 months and interest rates between 8.74% and 17.39% APR. It also doesn’t impose origination fees.

  4. Jul 5, 2023 · Founded in 2009, Happy Money (formerly Payoff) is an online lending platform that connects prospective borrowers with fixed-rate credit card debt consolidation loans in every state except ...

  5. Best for multiple repayment terms: Discover. Why Discover stands out: With loan terms ranging from 36 months to 84 months, Discover can help you consolidate and pay down debt within a time frame that fits your budget. Direct payments for debt consolidation — Discover provides direct payments to your creditors.

  6. Jan 19, 2024 · Using the example above, if you take out a $5,000 debt consolidation loan with a three-year term and an 11 percent fixed interest rate, you’ll pay $164 per month and $892.97 in interest over the ...

  7. May 9, 2024 · Loan uses: You can’t use a Discover debt consolidation loan to pay down debt from a mortgage, auto loan, or a Discover credit card. Availability : 50 states and Washington, D.C. Read the Full ...

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