Debt Consolidation
So, if you are thinking that you are in too deep, debt consolidation may be an option. Outside of filing for bankruptcy, you can look into consolidating your debt.
Don't kid yourself, this will not be painless. No matter what you are told, your credit power will suffer tremendously!
Using Copilot, I found that these are five of the top-rated debt consolidation companies in 2025, based on factors like interest rates, loan terms, customer service, and funding speed:
🏆 Top 5 Debt Consolidation Companies
Company
APR Range
Loan Amount
Term Length
Notable Features
SoFi
8.99%–25.81%
$5,000–$100,000
36–84 months
Same-day funding, rate discounts, no minimum credit score
PenFed Credit Union
8.99%–17.99%
$600–$50,000
Up to 60 months
No origination fees, quick funding, joint loans
Best Egg
8.99%–35.99%
$2,000–$50,000
36–60 months
Offers secured loans, direct payment to creditors
Navy Federal CU
8.99%–18.00%
$250–$50,000
Up to 60 months
Same-day funding, military membership required
LendingClub
8.98%–35.99%
$1,000–$40,000
24–60 months
Low credit score requirement, joint loans available
💡 Tips for Choosing the Right Company
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Check your credit score: Higher scores unlock better rates.
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Compare APRs and fees: Some companies charge origination fees up to 8%.
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Look for direct payment options: This simplifies the payoff process.
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Consider membership requirements: Credit unions may require joining.
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