Upgrade: Bankrate 2025 award winner for first-in-class customer experience
- Direct payment to creditors saves you time and effort
- Joint applications available
- Multiple discounts for debt consolidation, which could reduce your APR
- High potential origination fees cut into your debt consolidation funds
- High minimum rates compared to some other consolidation lenders
- Late and returned check fees
Borrowers with low scores due to maxed-out credit cards may qualify for an Upgrade debt consolidation loan, putting them on track for a better credit score future. While several lenders we reviewed offer loans to fair credit borrowers, most don't offer terms as long as 84 months. It's also a good fit for people with busy work schedules, with access to customer service every day of the week.