Where to get consolidating loans


The website is clean and transparent, with easy-to-find rates and fees, a clear description of the lending process, and a streamlined rate-quote tool.Lending Club also requires a minimum credit score of 600 and has slightly stricter criteria for making a loan than other leading debt consolidation loan companies, including a stricter debt-to-income ratio and more reliance on credit history.This new peer-to-peer lender will consider factors such as your alma mater, job history, major, and even your grades and test scores when deciding on APRs, which range from 7.37% to 29.99%.



Here is a full list of the criteria I considered while making my picks: After considering all of these criteria, Lending Club, Avant, and Personal rose to the top of my list.However, you’re subject to higher APRs with Avant, which means this probably won’t be the best choice for those with good or excellent credit.Pros Upstart, which makes loans from $1,000 to $50,000, focuses on younger buyers who might be having trouble getting loans due to a shorter credit history.Its website is easy to navigate, with clearly disclosed rates and fees.

Prosper does charge an origination fee of 1% to 5% of your loan, and there are fees for late payments ($15 or 5% of the outstanding amount) and unsuccessful payments ($15 per occurrence).

The site is informative and well designed, but this is only a referral site.