Best Debt Consolidation Loans in California February 2024

Last Update: September 25, 2023 Personal Loans by States and Cities

Debt consolidation is a fantastic way to free yourself from multiple high-interest payments. Unlike credit cards, payday loans, medical loans, and other types of credit, debt consolidation loans can help you manage your debt, simplify your life, and lower your interest rates.

When looking for debt consolidation loans in California, you want to ensure you get the best deal possible.

The best debt consolidation loans in California 2024 offer competitive interest rates between 3.99% and 10%, flexible repayment terms, and no hidden costs. Bad credit borrowers’ APRs on debt consolidation loans go up to 35.99%. Credit unions, debt consolidation lenders, and banks are the best providers for finding the right loan for you.

Credit unions often offer the most competitive rates, with some offering interest-free loans. But you need to establish a relationship with a credit union before they approve your loan.

Debt consolidation lenders typically provide longer repayment periods than banks and are a great option for those looking to pay off their debt over several years. They often charge slightly higher interest rates than banks but can provide additional support and guidance throughout the repayment process.

Banks may offer the most convenient debt consolidation loan options but with higher interest rates than credit unions and debt consolidation lenders. However, most banks require approval for a good credit score and history.

Finding the best debt consolidation loans in California for your needs requires comparing lenders, interest rates, repayment terms, and other important factors. Researching and shopping around may be time-consuming, but it’s worth ensuring you find the right loan to help you become debt-free.

Why Trust ElitePersonalFinance Guides?

At ElitePersonalFinance, we are dedicated to helping people find the best personal finance solutions. We know how overwhelming it can be to research and compare debt consolidation loans in CA, so we’ve taken the guesswork out of debt consolidation and provided comprehensive guides for finding the best loan for your needs.

Our team of experts looks at hundreds of debt consolidation loan providers to find the best options for our readers. We also provide top-notch advice and tips to help you make the right decision.

ElitePersonalFinance only recommends the best companies and products, so you can trust that any debt consolidation loan we suggest is of the highest quality.

Our Marketplace

We are the latest financial marketplace in the United States, and our team of experts is here to provide you with the best options for the best debt consolidation loans in CA in 2024. Our mission is to make it easier for you to find a loan that meets your needs and fits your budget.

Just enter your information into the search engine on our website, and we’ll show you all the best debt consolidation loan providers in CA. Compare interest rates, repayment terms, and more to find the perfect loan.

Our marketplace only lists legit debt consolidation loan companies, so you can rest assured that you’re in good hands.

We connect millions of borrowers with legit lenders, so start your search today and free yourself from multiple high-interest payments.

Best Debt Consolidation Loans in California February 2024: Key Findings

Debt consolidation loans in California charge an APR range of 7.99% to 35.97%, with lower interest rates for those with good credit scores.

California’s best debt consolidation loans offer amounts from $1,000 to $50,000 and provide quick funding.

The terms of debt consolidation loans in CA range from 24 to 84 months, with shorter terms for those with higher credit scores.

Online lenders, banks, and credit unions provide California’s best debt consolidation loans. In addition, there are several secured loan options available.

Even with bad credit, you can get a debt consolidation loan in California, but you may have to pay a higher interest rate or provide collateral.

To qualify for the best debt consolidation loans in California, you need proof of income, residence, and a valid social security number to meet each lender’s basic requirements.

Best Debt Consolidation Loans in California February 2024

Lender:Loan Amount:APR:Terms:Min. Credit Score:Best For:
SoFi$5,000 – $100,0007.99% – 23.43%36 – 84 months680Student loan consolidation
Upstart$1,000 – $50,0004.6% – 35.99%36 – 60 months300Fair or average credit
Happy Money$5,000-$40,0008.99% – 29.99%24 – 60 months640Paying off credit card debt
Upgrade$1,000-$50,0008.49% – 35.99%24 – 84 months560Fast funding
Best Egg$2,000-$50,0008.99% – 35.99%36 – 60 months700Secured loan option
Lending Club$1,000-$40,0008.30% – 36.00%36 – 60 months600Joint loan option
Alliant Federal Credit Union$1,000 – $50,​​​​​00010.49% –  12.49%12 – 60 monthsNot disclosedFast funding