Debt Consolidation
Personal Loans
Stop paying 24%+ credit card APR. Consolidate all your high-interest debt into one personal loan at APR as low as 5.99%. One payment. Lower total cost. Better credit over time.
Personal Loan Estimator
Estimate your monthly payment
Total interest: $2043 over 36 months
Debt Consolidation Personal Loan — The Math That Matters
Here is the real-dollar savings from consolidating $20,000 of high-interest debt:
| Scenario | APR | Monthly Payment | Total Interest |
|---|---|---|---|
| Credit cards (minimum pay) | 24% | ~$500 (varies) | $14,000+ over 10 yrs |
| Personal loan — 36 months | 14% | $683/mo | $4,600 |
| Personal loan — 48 months | 14% | $543/mo | $6,100 |
| Personal loan — 60 months | 12% | $445/mo | $6,700 |
Illustrative estimates. Actual rates depend on credit profile and lender terms.
5 Steps to Consolidate Your Debt with a Personal Loan
- 1
List all your debts
Note each balance, APR, and minimum payment. Calculate the total balance you want to consolidate.
- 2
Pre-qualify without affecting your credit
Submit a soft-pull application at PrimeLendings. See what APR you qualify for before committing.
- 3
Compare your savings
Use our loan estimator to calculate total interest cost vs your current minimum payment path.
- 4
Choose the right term
Shorter term = less total interest. Longer term = lower monthly payment. Find the balance that fits your budget.
- 5
Pay off your high-interest accounts immediately
Once funded, immediately pay off the consolidated accounts. Consider lowering (not closing) credit limits to prevent new debt.
No Hard Credit Pull
See Your Real Rate —
Zero Score Impact
3-minute application. Soft pull only. No obligation. Real offers from licensed lenders.
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Frequently Asked Questions
Meet the Expert
Sarah Chen
“Over 10 years of experience in consumer lending and personal finance. Sarah leads the PrimeLendings editorial review process, ensuring all content is accurate, compliant, and useful for borrowers.”
Ready to Get Up to $50,000?
Rates from 5.99% APR · Bad credit OK · No hard credit pull · Same-day funding available
Takes 2 minutes · Zero impact to credit score