The best debt consolidation loans offer prequalification, online approval, flexible terms, competitive interest rates — and don’t have fees or prepayment penalties.

The best debt consolidation loans are from LightStream, SoFi and PenFed Credit Union, all of which offer interest rates lower than average credit card rates.

The best business debt consolidation loans offer competitive interest rates, long repayment times and low origination fees. Find the right loan here.

Consolidating your debt into one loan can make managing finances much easier. Find out more about debt consolidation loans and how they work on Forbes Advisor.

You can use the funds from a home equity loan for home improvements and repairs, debt consolidation or a major purchase.

Low-interest debt consolidation loans can help with debt payoff. The best debt consolidation loans offer lower rates and a faster way to become debt-free.

The best debt consolidation loans of July 2025 We looked at fees, interest rates and repayment options for different credit scores.