Best Debt Consolidation Loans in Fresno of 2024

Banner image
Edited bySarah Mattie

Updated: December 28, 2023

Advertising & Editorial Disclosure

Best Debt Consolidation Loan Lenders in Fresno, CA

MoneyGeek examined more than 30 data points to find Fresno's best debt consolidation loan providers. We considered loan amounts, APRs, disbursement periods, repayment lengths, Better Business Bureau (BBB) scores and late and origination fees, among other factors.

Not every lender works well for every person. That said, MoneyGeek found LightStream is, overall, the best debt consolidation loan provider in Fresno. SoFi isn't far behind.

On the other hand, Upstart and Upgrade are more tailored to specific situations. They're often better for applicants with bad and good credit, respectively.

Loading...

Best Overall Debt Consolidation Loan in Fresno, CA: LightStream

Loading...

Runner-Up for Best Debt Consolidation Loan in Fresno, CA: SoFi

Loading...

Best Debt Consolidation Loan for Bad Credit in Fresno, CA: Upstart

Loading...

Best Debt Consolidation Loan for Good Credit in Fresno, CA: Upgrade

Loading...
Loading...

What to Do if You Can’t Get a Debt Consolidation Loan in Fresno, CA

You don't have to give up if your application for a debt consolidation loan is rejected. Many factors, including your credit score, income, debt-to-income ratio and employment history, can cause rejection. The best action is to ask your lender why your application was denied.

Then, you can bargain with your lender to request a smaller loan amount or a shorter repayment period, for example. The lender might agree to your loan's modified terms.

If not, you might apply with a different debt consolidation lender. But be sure to change the aspect that led to the denial of your initial application.

MoneyGeek strongly cautions against taking out payday loans, which some disheartened borrowers could be tempted to do. Payday loans have quick repayment timeframes and extremely high interest rates. As a result, you may find yourself losing more money than you save if you use one.

Calculate Your Monthly Payment

Loans for debt consolidation are repaid with interest in monthly installments. Use our debt consolidation loan calculator below to estimate your monthly payment to see if your finances can support it.

Loading...

Frequently Asked Questions About Debt Consolidation Loans in Fresno, CA

The best Fresno debt consolidation loan for you depends on your needs, borrower profile and financial history. To help you make informed decisions, MoneyGeek responds to frequently asked questions about the subject here.

Loading...

Methodology

METHODOLOGY

MoneyGeek reviewed more than 30 personal loan lenders using at least 35 individual data points across six key categories: loan affordability, accessibility, consumer friendliness, customer service, flexibility and lender transparency.

Within each ranking category, we considered several individual data points that we feel carry the most weight when choosing a personal loan lender. These factors include APR ranges, available loan amounts, minimum credit scores, minimum income amounts, application fees and disbursement times.

Here at MoneyGeek, we value you, the consumer, so we also factor in each lender’s customer support, business ratings and additional features that could make your experience easier and more accessible — like prequalification, payment options and mobile apps.

After careful consideration and calculation, we make our picks with your best interests in mind. Our personal loan recommendations and expert tips are meant to help you make smart financial decisions when choosing a lender that meets your needs.

sources

The content on this page is accurate as of the posting/last updated date; however, some of the rates mentioned may have changed. We recommend visiting the lender's website for the most up-to-date information available.

Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, lender or other entity. Learn more about our editorial policies and expert editorial team.