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Best Credit Card Consolidation Loans of 2025

Credit card debt getting the best of you? Consider a consolidation loan to get back on track with your finances.

Unfortunately, it’s easy for credit card debt to get out of control. All it takes is an emergency or two, a job loss or poor spending habits to find yourself with more credit card debt than you can easily pay off. In fact, the average US household with credit card debt carries a balance of about $6,000, according to the Federal Reserve of St. Louis.

But, a credit card consolidation loan can be a good option to help lower or eliminate high-interest credit card debt. Check out our top picks for consolidation loans, with options for borrowers with a range of credit scores.

Best credit card consolidation loans

Best for no fees

SoFi personal loans

8.9 Great

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While most personal loans charge some types of fees, SoFi offers credit card consolidation loans with zero fees — that means no late fees, prepayment penalties or origination fees. It also provides competitive interest rates starting at 9.49% and loan amounts of up to $100,000. And it offers a fast application process, with approval and funding possible as soon as the same day you apply. But you'll need good to excellent credit to qualify for the best rates, or you could end up paying up to 29.99%, which is worse than most credit cards.

Min. credit score680
APR9.49% to 29.99% fixed APR
Loan amount$5,000 to $100,000
  • Available in all states

Best for comparing lenders

Credible personal loans

8.6 Great

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With loan amounts from $1,000 to $200,000, rates starting at 6.94% and loan terms from 12 to 120 months, Credible has a wide range of options for credit card consolidation loans. It's a personal loan marketplace, not a direct lender, so you can review multiple offers with a single application, and it only takes a soft credit check to prequalify. And it has solutions for borrowers of all credit types. But its rates could go as high as 35.99%, some lenders may charge origination fees and it has some mixed customers.

Min. credit scoreFair to excellent credit
APR6.94% to 35.99%
Loan amount$1,000 to $200,000
  • Available in all states

Best for a secured loan

OneMain Financial personal loans

6.8 Standard

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Most consolidation loans are unsecured, but OneMain Financial offers a secured loan that can help you qualify for a better rate. Or, if you don't have sufficient collateral, OneMain also allows you to add a cosigner, which might be a good option if you have bad credit. But its rates are a little high — with APRs starting at 18% — and it charges origination fees up to 10%, making it a more expensive option than some of the competition.

Min. credit scoreNot specified
APR18% to 35.99%
Loan amount$1,500 to $20,000
  • Not available in: Alaska, Arkansas, Connecticut, Massachusetts, Rhode Island, Vermont

Best for low rates

LightStream personal loans

9.7 Excellent

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Lightstream offers some of the lowest rates around, with APRs starting at 7.99% for credit card consolidation loans. It also doesn't charge origination fees or late fees, and it has loans up to $100,000, which is more than some lenders. Plus, it has a Rate Beat program and a generous 0.05% autopay discount. But you can't prequalify to check your rate like with most lenders, and it only accepts borrowers with good to excellent credit.

Min. credit scoreGood to excellent credit
APR6.94% to 25.79%
Loan amount$5,000 to $100,000
  • Not available in: Iowa, West Virginia

Best for poor credit

Upstart personal loans

8.3 Great

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Unlike many lenders that offer credit card consolidation loans, Upstart considers more than just your credit score. It also considers your education and employment experience, making it ideal for borrowers with less-than-perfect credit histories. It also offers an easy application process and funding as fast as one business day. Loan amounts range from $1,000 to $50,000, and rates start under 7%. But it charges origination fees up to 12% and only offers two loan terms.

Min. credit score300
APR6.7% to 35.99%
Loan amount$1,000 to $50,000
  • Not available in: Connecticut, Iowa, Maine, Maryland, Nevada, New York, Oklahoma, Oregon, West Virginia

Best for minimal fees

Happy Money

7.6 Great

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Similar to many lenders, Happy Money charges origination fees on its consolidation loans, but that's it. It doesn't charge late fees, prepayment penalties or even fees for insufficient funds if your bank account comes up short. It also offers competitive rates starting at 8.95% and capped at 17.48% — much lower than most lenders' highest APR. But it only offers credit card consolidation loans, so you'll need to look elsewhere if you need funds for something else.

Min. credit score640
APR8.95% to 17.49%
Loan amount$5,000 to $40,000
  • Not available in: Iowa, Massachusetts, Nevada

Methodology: How we picked the best providers

Our loan experts compared dozens of lenders before narrowing down the best personal loans for credit card consolidation in the current market, and we regularly review our selections. Factors we consider include loan amounts, interest rates, fees, reputation and customer reviews.

Factors weighed in our methodology for the best consolidation loans include:

  • Turnaround times
  • Interest rates
  • Additional fees
  • Credit requirements
  • Loan amounts
  • Repayment plans
  • BBB ratings and reviews
  • Trustpilot ratings and reviews
  • States served

Compare more personal loan providers

Product Finder Score APR Min. credit score Loan amount
Finder score
7.99% to 35.99%
640
$2,000 to $50,000
Fast and easy personal loan application process. See options first without affecting your credit score.
Finder score
6.94% to 25.79%
Good to excellent credit
$5,000 to $100,000
Borrow up to $100,000 with low rates and no fees.
Finder score
6.94% to 35.99%
Fair to excellent credit
$1,000 to $200,000
Get personalized prequalified rates in minutes and then choose an offer from a selection of top online lenders.
Achieve logo
Finder score
8.99% to 29.99%
620
$5,000 to $50,000
Consolidate debt and more with these low-interest loans. Cosigners welcome.
Upstart Personal Loans logo
Finder score
6.7% to 35.99%
300
$1,000 to $50,000
This service looks beyond your credit score to get you a competitive-rate personal loan.
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What is the Finder Score?

The Finder Score crunches 6+ types of personal loans across 50+ lenders. It takes into account the product's interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate - this gives you a simple score out of 10.

Read the full Finder Score breakdown

How to prequalify for a credit card consolidation loan

Prequalifying for a consolidation loan can give you an idea of the rates and terms you might qualify for without affecting your credit, and it’s a good way to compare consolidation lenders and find the best deal. Here’s how it works:

  1. Fill out an online application, call or visit a physical location.
  2. Undergo a soft credit check.
  3. Find out if you prequalify.
  4. Review your loan offer.
  5. Compare offers from multiple lenders.
  6. Formally apply with a hard credit check.

Alternatives to credit card consolidation loans

If you don’t qualify for a personal loan for debt consolidation or just want to explore more options, consider these alternatives to taking out a loan.

  • Credit counseling. Many nonprofit credit counseling agencies offer free or low-cost services to help you develop a budget and a debt repayment plan rather than resorting to a loan.
  • Use a debt repayment strategy. To tackle credit card debt on your own, consider an avalanche or snowball repayment method. The avalanche strategy involves paying as much as you can on your highest-interest debt first — while paying the minimums on other cards. The snowball method suggests focusing on your smallest debt first and working your way up.
  • Get a side gig. Bring in some extra cash in your free time by picking up a side hustle and using that money to pay off your credit cards.
  • Sell your stuff. Purge yourself of belongings you don’t use anymore and put that money toward your debt. You can use Craigslist, Facebook Marketplace or have an old-school garage sale.
  • Negotiate with creditors. If you’re really having a tough time paying down your cards, talk to your creditors to see if you can get a reduced rate or come up with an alternative payment plan.
  • Leverage your home’s equity. Homeowners may want to consider a home equity loan or home equity line of credit (HELOC) to pay off credit card debt.

Frequently asked questions

Are credit card consolidation loans a good idea?

A credit card consolidation loan can be a great idea if you can refinance your debt at a lower interest rate than you’re paying on your cards. You’ll not only save on interest charges, but you’ll only have one monthly payment to budget for.

However, if you can’t qualify for a lower rate, a consolidation loan won’t be your best move and you should consider alternative ways to get rid of your debt.

Do consolidation loans hurt your credit score?

Anytime you apply for a consolidation loan, it requires a hard credit check, which can temporarily lower your credit score by a few points. But, if you get the loan and always make on-time payments, your credit score will actually improve and you’ll lower your overall debt burden.

What is a good rate for a credit card consolidation loan?

Any rate lower than what you currently pay on your credit cards is a “good” rate. Even an APR that’s only a couple of points lower can save you hundreds or even thousands of dollars in interest, depending on how much you owe.

Megan B. Shepherd's headshot
To make sure you get accurate and helpful information, this guide has been edited by Megan B. Shepherd as part of our fact-checking process.
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Written by

Writer

Lacey Stark is a freelance personal finance writer for Finder, specializing in banking, loans, investing, estate planning, and more. She has 20 years of experience writing and editing for magazines, newspapers, and online publications. A word nerd from childhood, Lacey officially got her start reporting on live sporting events and moved on to cover topics such as construction, technology, and travel before finding her niche in personal finance. Originally from New England, she received her bachelor’s degree from the University of Denver and completed a postgraduate journalism program at Metropolitan State University also in Denver. She currently lives in Chicagoland with her dog Chunk and likes to read and play golf. See full bio

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