What are the best debt consolidation loans for bad credit with online decision?

The best debt consolidation loans for bad credit with online decisions are through Upstart because applicants do not need a credit score to qualify. The loans also have a typical APR range of 4.6% - 35.99%, dollar amounts of $1,000 - $50,000 and repayment periods of 36, 60 months. Furthermore, you can complete the entire process online, from applying and receiving a decision to getting the money and repaying the loan.

Best Debt Consolidation Loans for Bad Credit with an Online Decision

• Upstart. No credit score requirement. Loan amounts of $1,000 - $50,000. APRs of 4.6% - 35.99%, typically. Repayment periods of 36, 60 months.
• Universal Credit. Credit score requirement of 580* or higher. Loan amounts of $1,000 - $50,000. APRs of 11.69% - 35.99%. Repayment periods of 36 or 60 months.
• Avant. Credit score requirement of 580* or higher. Loan amounts of $2,000 - $35,000. APRs of 9.95% - 35.99%. Repayment periods of 24 - 60 months.
• LendingPoint. Credit score requirement of 620 or higher. Loan amounts of $2,000 - $36,500. APRs of 7.99% - 35.99%. Repayment periods of 24 - 72 months.
• LendingClub. Credit score requirement of 600 - 640* or higher. Loan amounts of $1,000 - $40,000. APRs of 9.57% - 35.99%. Repayment periods of 24 - 60 months.
• FreedomPlus. Credit score requirement of 620 or higher. Loan amounts of $5,000 - $50,000. APRs of 7.99% - 29.99%. Repayment periods of 24 - 72 months.
• Upgrade. Credit score requirement of 620* or higher. Loan amounts of $1,000 - $50,000. APRs of 8.49% - 35.99%. Repayment periods of 24-84 months.

*According to multiple third-party sources.

To read more about the top-ranked offers, check out WalletHub’s picks for the best debt consolidation loans for bad credit. Then, you can estimate your potential rates with the free pre-qualification tool on WalletHub.

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.