A closer look at our top picks
Our list includes highly-rated lenders that offer affordable debt consolidation loans. These loans come with special features to help you through the consolidation process, like fast funding, flexible terms or multiple rate discounts.
Happen Bank (formerly LendingClub): Best overall for debt consolidation
Happen Bank (which rebranded from LendingClub in June 2026) takes our top spot for the best debt consolidation loan, thanks to an ideal mix of fast approval, fast funding and direct payment to creditors. Once you apply, you can get an approval decision within one hour and have the funds sent to your account in one day. And since Happen pays off your creditors for you, there’s no temptation to use the loan…