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To qualify for the 0.50% rate reduction, you must apply for an unsecured Personal Loan by March 31, 2019.  Applications can be made online, over the phone, or in a branch.  The 0.50% rate reduction applies only to new loans applied for during the eligibility period, and is not retroactive to any existing loan(s).  The 0.50% rate reduction is in addition to any relationship discount for which you may qualify. The Annual Percentage Rate (APR) for unsecured Personal Loans ranges from 7.49% to 24.49%.  For unsecured Personal Loans applied for by March 31, 2019, the rate reduction APR ranges from 6.99% to 23.99%.  Rates are as of January 2, 2019, and are subject to change without notice.
If you have a poor credit rating, it can be difficult to get a debt consolidation loan. If your credit rating is too low, you may have to first take proactive steps to improve it, and then apply for a debt consolidation loan afterward. In addition, people with less-than-stellar credit can sometimes get a secured debt consolidation loan using a major asset as collateral. For example, people often use their homes as collateral to consolidate their debts with a home equity line of credit. However, if your credit is particularly bad, even a secured debt consolidation loan may be difficult to obtain. In that case, you'll likely have to consider other options to address your outstanding debts.
DIY debt settlement requires two other things. First you need to be very good negotiator as you will be up against people that are very shrewd and very experienced in debt negotiating. Second, and here’s the really tough part, you need to have the cash on hand to pay for any settlements you are able to negotiate. The overwhelming majority of credit card companies will refuse to negotiate with you unless you can immediately pay for the settlement in cash – either via a wire transfer or certified cashiers check.

If you've already used up your free credit reports for this year, you can order your credit reports directly from the credit bureaus for a fee. The bureaus all offer a three-in-one credit report that lists all three of your credit reports side-by-side. The three-in-one credit report costs more than a single credit report, but less than the combined price of purchasing your three individual credit reports.
*The Annual Percentage Rate (APR) is the cost of credit as a yearly rate and ranges from 5.99%-29.99%, which may include an origination fee from 0.99% - 5.99%. Any origination fee on a 5-year loan will be at least 4.99% and is deducted from loan proceeds. The APR offered will depend on your credit score, income, debt payment obligations, loan amount, loan term, credit usage history and other factors, and therefore may be higher than our lowest advertised rate. Requests for the highest loan amount may resulting an APR higher than our lowest advertised rate. You need a minimum 700 FICO® score and a minimum individual annual income of $100,000 to qualify for our lowest rate.

After getting a debt consolidation loan, 68 percent of respondents changed their spending habits for the better. More than 30 percent said they now pay bills on time, 22 percent monitor their credit reports and 13 percent stopped using consolidated accounts. However, not all respondents changed their habits for the better, with 10 percent reporting they accrued more debt, which is in line with the 9 percent who said they also accrued more debt when asked if the loan was a good choice. Seven percent maxed out credit lines and 7 percent made charges on consolidated accounts.
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