Three balances in. One payment out.
Enter what you owe on each card, then set a loan rate and term. The board shows the single payment and how the interest compares.
At these numbers the loan costs $456 less in interest than paying the same amount to your cards.
Your balances add up to more than $5,000, the most we lend directly. For larger amounts we can connect you with a partner lender.
Figures are shown before any origination fee. The card comparison assumes no new spending, with the payment going to the highest-rate card first.
How consolidating works
Check your rate
Tell us how much you owe in total. It takes about three minutes and uses a soft credit inquiry.
Pay off your cards
If you accept, the money lands in your checking account, as soon as the same business day. Use it to clear each balance.
Make one payment
The same amount on the same date each month, until the loan is paid off.
Want to see the arithmetic? Follow a worked example of how a debt consolidation loan works.
Worth it when
- The loan rate you're offered is lower than the rates on your cards.
- You want a date when the debt is gone, not an open-ended balance.
- You're tracking several due dates and have missed one before.
Think twice when
- The rate you're offered isn't lower than what you pay now.
- You'd keep spending on the cards once they're cleared.
- The balances are small enough to clear in two or three months anyway.
Do it from your laptop in about three minutes
No branch visit and nothing to mail. You see the numbers before you decide.
- Checking your rate won't affect your credit score.
- Your APR, monthly payment, and total cost are shown before you commit.
- No prepayment penalty, so you can clear the loan early.
Common questions
Will a debt consolidation loan hurt my credit score?
Checking your rate uses a soft inquiry, which doesn't affect your score. If you accept an offer, a hard inquiry may be made, which can lower your score slightly for a while. The full picture is in does debt consolidation hurt your credit?
Can I consolidate more than $5,000?
Our own personal loans go up to $5,000. For larger amounts we can connect you with lenders in our partner network, on their terms.
Do you pay my credit cards for me?
No. The loan is deposited into your checking account by ACH, and you use it to pay off your cards yourself.
What does it cost?
APRs range from 5.99% to 35.99%, fixed for the life of the loan. An origination fee of 0% to 5% may be taken from the amount you receive. There is no fee to apply and none to pay the loan off early.
Ready to see your one payment?
Check your rate in about three minutes. It is free and won't affect your credit score.