Grace Enfield, Content Writer
@grace_enfield
Yes, you can get a debt consolidation loan with a 610 credit score. You’ll also need to meet the other requirements to get a debt consolidation loan, like being at least 18 years old, having enough income to afford the loan and having a bank account.
The best debt consolidation loans for a 610 credit score are from Upstart because the company does not have a credit score requirement, loan amounts of $1,000 - $50,000 and APRs typically of 4.6% - 35.99%. The company also has repayment periods of 36, 60 months. Upstart isn’t your only option, though. You can see a comparison of the best debt consolidation loans for a 610 credit score below.
Best Debt Consolidation Loans for a 610 Credit Score
| Company | Credit Score Requirement | Loan Amounts | APRs |
| None | $1,000 - $50,000 | 4.6% - 35.99%, typically | |
| 580 | $2,000 - $36,500 | 7.99% - 35.99% | |
| 580 | $2,000 - $35,000 | 9.95% - 35.99% | |
| None | $2,600 - $10,000 | 19% - 35.83% | |
| 600 - 640 | $1,000 - $40,000 | 9.57% - 35.99% |
To read more about the top-ranked offers, check out WalletHub’s picks for the best debt consolidation loans. You can also estimate your potential rates with the free pre-qualification tool on WalletHub.
Upstart Disclosure: Your loan amount will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will qualify for the full amount. Minimum loan amounts vary by state: GA ($3,100), HI ($2,100), MA ($7,000), NM ($5,100), OH ($6,000).
The full range of available rates varies by state. The average 5-year loan offered across all lenders using the Upstart platform will have an APR of 24.83% and 60 monthly payments of $26.36 per $1,000 borrowed. For example, the total cost of a $10,000 loan would be $15,817 including a $594 origination fee. APR is calculated based on 5-year rates offered in the last 1 month. There is no down payment and no prepayment penalty. Your APR will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will be approved.
People also ask
What credit score is needed for debt consolidation?
You need a credit score of 660 or higher to consolidate your debt with a personal loan that has no origination fee and a low APR. In general, the higher your credit score is, the lower your interest rate will be on a debt consolidation loan or a balance transfer credit card.
Many lenders disclose a credit score requirement for debt consolidation loans. For your convenience, below is a list of credit score requirements from major lenders. You can...
read full answerWhy can't I get a debt consolidation loan?
If you can’t get a debt consolidation loan, it’s most likely because you don’t make enough money to keep up with the payments of the loan or you don’t meet the lender’s credit score requirement. It’s also possible that you don’t satisfy basic requirements such as being at least 18 years old and having a bank account. Any lender that turns you down for a consolidation loan should disclose the reason why your application was...
read full answerShould I get a debt consolidation loan?
You should get a debt consolidation loan if you have hard-to-manage debts owed to multiple creditors and if you can get a lower APR on the new loan. Other situations where you should get debt consolidation loans include when the fees aren't excessive and when other options, like a balance transfer credit card, aren't better. In general, a debt consolidation loan should save you money and help you get out of debt faster.
When...
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