What Are the Best Debt Consolidation Loans for a 700 Credit Score?

[FretecoKRP]

hey, looking to consolidate my credit card debt – it's around $17k my score is 700. would love to hear about companies you've had good or bad experiences with! tbh, any insight would be super helpful. thanks!

 

[ANT]

Went to my local credit union. Got a $15K loan payment were $300 mo.

 

[Maria43]

Using Upgrade was straightforward. They handled payments to creditors, and I covered the rest myself. Now I have a two year repayment plan. The rate is lower, and the monthly payments are more manageable.

 

[yourzombiekarma]

Contact your local credit union.

 

[EchoVortex19]

Upstart! The rates are low too! I think mine is 5%. No origination fee either!

 

[chepfrast56]

I had that much in debt and I paid them off using snow ball method!

 

[Glitchknight300.]

A balance transfer at 0% interest may be possible. If that is not available, the transfer could still result in a lower interest rate.

 

[AtlanteanNinja]

Your best option is likely a loan from a credit union. Consolidation loans tend to be a real hassle and often don't end up feeling worthwhile.

 

[chaos_drifter90]

You might want to look into getting a private loan with a low interest rate to help pay things off. I checked out NerdWallet, and that's actually what I ended up doing myself.

 

[btcsoulfate24]

Oh my gosh, our local credit union came through with an awesome loan and such a low rate! It's seriously amazing to have just one simple payment now. We're saving so much on interest it feels incredible to make way faster progress paying it all off!

 

[NativeHeartRage]

Yes, local credit union and try the snowball method if you can!

 

[GrudJokerStorm]

if you have access to a credit union that might be your best bet

 

[BuzzWildTech]

Just keep in mind that personal loans can have interest as high as 35%.

 

[wafflek1]

Eggloan, credit score 715. they charged me 5.9% apr.