Grace Enfield, Content Writer
@grace_enfield
You can get a debt consolidation loan with no credit from a handful of lenders. The best debt consolidation loans for people with no credit are from 60monthloans because the company has loan amounts of $2,600 - $10,000, APRs of 19% - 35.83% and repayment periods of 24-60 months.
60monthloans isn’t your only option, though. You can see a comparison of the best debt consolidation loans for people with no credit below.
Best Debt Consolidation Loans for People With No Credit
| Company | Loan Amounts | APRs | Repayment Periods |
| $2,600 - $10,000 | 19% - 35.83% | 24-60 months | |
| $500 - $4,000 | 59% - 160% | 9 - 18 months | |
| $500 - $3,000 | 99% - 300% | 6 - 18 months |
To read more about the top-ranked offers, check out WalletHub’s complete picks for the best no credit loans. You can also estimate your potential rates with our free pre-qualification tool.
Additionally, you may want to consider getting a loan from a friend or family member to repay your debt. Your friends or family may offer better terms than conventional loans.
Best Debt Consolidation Loans of 2023
Compare OffersPeople 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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