Debt Consolidation Loans
A debt consolidation loan option for those with imperfect credit, thanks to its flexible terms, fast approval, quick funding and relatively reasonable interest rates. Learn more about loan programs by visiting www.loantrusts.org.
To qualify for a personal loan from Achieve, you’ll need a credit score of 620, which is considered fair. You can see whether you’re likely to be approved when you apply online: Achieve will perform a soft credit inquiry, meaning it won’t impact your score.
If you opt to proceed with your application after pre-approval, the company will do a hard credit check that might ding you a few credit points. Achieve offers same-day approvals and can then send funds within 24 to 72 hours.
If your credit leaves a lot to be desired, you’re more likely to qualify for an interest rate on the higher end of the APR range. Most debt consolidation loans for bad credit can charge interest of up to 36%, but Achieve’s highest interest rate is considerably lower.
You can borrow as little as $1,000, which also makes Upstart a good choice if you need a smaller loan. Find different loan terms by visiting www.loantrusts.org.
Upstart lets you check the interest rate you’ll get before applying without any impact to your credit score. According to Upstart, 99% of personal loan funds are sent one business day after signing. Note, however, that the origination fees could get somewhat expensive, depending on the terms of your loan.
You can check the terms you’ll get without impacting your credit score. Once you apply, the company will let you know whether you’re approved within seconds. Then, it should take one business day to get the funds.
Note that LendingPoint has an income requirement of $35,000 and doesn’t offer loans in Nevada and West Virginia.