Personal Loans for Debt Consolidation

Improve Your Finances with a Personal Loan

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Unlock the Best Personal Loan Options without impacting your Credit and Accelerate Your Debt-Free Journey.

Are you struggling with multiple high-interest credit card balances?

Have you missed payments because you struggle to keep up with different due dates?

Are you frustrated that current debt balances are not going down as quickly as you hoped?

A personal loan for debt consolidation could be the solution you need. You can combine credit card debt, medical bills, or other unsecured debt into a single loan with a fixed rate, fixed payment terms, and no prepayment penalty.

Combining various credit card debts and unsecured loans into a single, manageable loan with a fixed monthly payment can simplify your finances, reduce stress, and help you take control of your financial future.

Start your journey toward financial freedom today with a debt consolidation loan.

Compare Your Best Personal Loan Options Instantly Without Affecting Your Credit Score.

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Free 2-minute application

Fast and Easy 2-minute application

Loan amounts from $1,000 to $75,000

Consolidate bills into a single monthly payment

Fixed-rate and fixed repayment terms

Accepts credit scores from 450 to 700+

Compare personal loan options without impacting your credit.

How Do Personal Loans for Debt Relief Work?

Personal loans offer a practical and efficient way to eliminate debt. It provides credit card debt relief by allowing you to consolidate existing debts into a single loan with one manageable monthly payment. Unlike credit card debts, which often have high interest rates—frequently over 30%—that compound daily, personal loans come with fixed interest rates. This means you’ll have a predictable payment each month.

Credit cards typically require a small minimum payment that barely covers the interest, keeping you trapped in a cycle of perpetual debt. In contrast, a personal loan provides set payment terms, giving you a set timeline for becoming debt-free.

When you make consistent, on-time payments, the loan balance decreases each month, and you always know when the debt will be fully repaid. You can also pay extra monthly to accelerate your payoff schedule, allowing you to achieve financial freedom even sooner.

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(888) 535-5560

Simplify Your Financial Life with a Personal Loan for Debt Consolidation

Flexible loan amounts
One set monthly payment
Fixed interest rate
Set repayment terms
More control over your debt and your finances

A Personal Loan to Pay Off Debt Can Help You Eliminate:

Credit card bills
Unsecured lines of credit
Unsecured loans
Medical debt
Store credit cards
Collection accounts
Business debts

Our Process

Our financial consultants will help you compare offers so you can find the best financial solution for your circumstances.

Free yourself from the stress of debt today. The process is easy:

Step 1

. Apply: It takes less than 2 minutes – and won’t impact your credit score

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Step 2

Receive your credit offers so you can compare loan rates and terms

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Step 3

Select the offer with the lowest rate and/or best loan terms to fit your budget and financial goals

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Step 4

Once approved, same-day funding may be available

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Step 5

Pay off unsecured loans and credit card debts to begin your journey to becoming debt-free.

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Our Reviews

What is a debt consolidation loan?

A debt or credit card consolidation loan allows you to merge multiple high-interest debts into one manageable loan with a fixed monthly payment. This streamlined approach simplifies your finances, replacing the chaos of multiple payments with a single, predictable plan, and offers a clear path to financial freedom.
What are the benefits of consolidating debt with a personal loan?

Debt consolidation gives you more control over your finances by simplifying the debt payoff process. Once approved, you will have a fixed interest rate and a set loan term with a single monthly payment.
What types of debt can I consolidate?

Debt consolidation loans can help you consolidate high-interest debt into a single loan with a fixed payment and term, giving you more control over your debt. Common bills you might eliminate include credit card bills, unsecured loans, lines of credit, medical debt, or title loans.
Can I qualify for a debt consolidation loan?

Application decisions are generally based on your credit quality, income, job history, and overall debt. Each personal loan lender has different loan approval requirements, with some online lenders specializing in those with high debt levels and even fair or poor credit.

Once you apply, you can review the interest rates and terms various lenders offer to determine which best meets your needs.
Are there personal loans for fair credit?

Some lenders focus on consumers with fair credit, understanding that high debt levels affect your credit score even if you never miss a payment. We work with several companies that specialize in helping consumers in these circumstances and are able to get application approvals even for consumers with fair credit.

Our application process does not affect your credit score, giving you the freedom to explore lender offers without affecting your credit score.
How does a personal loan for debt relief affect my credit?

When you check your rate to review offers, we conduct a soft credit inquiry, which has zero impact on your credit score. If you accept your offer and proceed with a debt consolidation loan application, the lender performs a hard credit inquiry, which could affect your score by a few points.

The most significant credit score factors are on-time payments and debt balances. A personal debt consolidation loan can help improve both factors, which should raise your score over time.

REPRESENTATIVE EXAMPLE OF APR

If you borrow $30,000 over a term of 5 years (60 months) with an APR of 4.99% you will pay $566.00 each month. The total amount payable will be $33,959.97, with total interest of $3,959.97.

ANNUAL PERCENTAGE RATE (APR)

Annual Percentage Rate (APR) represents the annualized interest rate you are charged for borrowing. It is the combination of the nominal interest rate and some additional costs such as fees involved when incurring debt. Our lender offers APRs for personal loans, cash advance loans, installment loans and debt consolidation loans from 4.99% to 35.99%. Since New Start Capital does not directly issue loans, we cannot deliver any specifics or guarantee the APR you will be offered. The APR depends solely on your lender’s decision, based on various factors including your credit score, credit history, income, and some other information you supply in your request. For more information regarding the APR contact your lender.