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Best Debt Consolidation Loan Lenders in New Hampshire

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Reviewed byKatherine Kurtz
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Updated: December 28, 2023

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Best Debt Consolidation Loan Lenders in New Hampshire

MoneyGeek considered over 30 data points in finding the best debt consolidation loans in New Hampshire. Among these data points are APRs, credit score requirements, loan amounts, repayment terms and the number of days to release funds.

We recommend Upgrade as the best lender for debt consolidation loans in New Hampshire. LightStream comes second. Both companies can give you an interest rate below the state average of 9.76%. However, the best debt consolidation loan for you depends on your needs and preferences, existing debts, credit profile, overall financial situation and other factors.

Best Overall Debt Consolidation Loan in New Hampshire: Upgrade


Runner-Up for Best Debt Consolidation Loan in NH: LightStream


Best Debt Consolidation Loan for Bad Credit in New Hampshire: Upstart


Best Debt Consolidation Loan for Good Credit in New Hampshire: SoFi


How to Choose the Best Debt Consolidation Loan in NH for You

Many people in New Hampshire take out personal loans. In fact, the average personal loan debt in this state is $19,189.

MoneyGeek's goal is to help you find the best consolidation loan in New Hampshire. It's essential to consider factors like your credit score and the amount you need when looking to consolidate debt. The following steps should help you guarantee that you're well prepared for the commitment that comes with debt consolidation loans in New Hampshire:


Ask Yourself the Important Questions

Debt consolidation is one way to manage debts and streamline your monthly payments. While you could save money through lower rates and fewer fees, taking out a personal loan is still an important financial decision. Therefore, you must be certain about your decision before applying for a loan.

Several factors go into making this decision. Besides financial aspects such as your credit score and income, you also need to assess personal factors. These include the amount of money that you need, your capability to pay every month and how much commitment you're willing to bear.

To help you understand this more, consider asking yourself the following questions to determine the best debt consolidation lender in New Hampshire for your needs:

  • How much funding do you need?
  • What’s your credit score?
  • Can you afford the monthly payments?
  • Do you have existing debts?
  • Is your debt manageable through other means?

Do Your Research

Through research, you can shop around for different lenders, compare them and make an informed decision. You'll also find information that can help you further understand the process.

Taking out a loan is a major commitment. It helps to take your time to ensure this is the best step forward. There will be monthly dues that you need to meet for two to four years. You'll face hard credit checks that can affect your credit score. Always remember that commitments exist from the moment you apply until you fully pay your loan.

The best lender is different for every person. While MoneyGeek considered many factors in choosing the best lender for each category, our recommendations may not be the right fit for you. We suggest exploring your options, as it's the best way to find the lender that checks off all the boxes.



Because a personal loan is a long-term financial commitment, you must be sure about your preferred lender. Eliminate doubts as much as possible so you can avoid regrets in the future.

If you think you've found the best lender, consider waiting for a day or two before finalizing your decision. A little more time to weigh the pros and cons and later revisit your decision will ensure you arrive at the right choice.

When you step back, you'll be able to see other factors you may have missed when selecting the desired lender. Once you've considered every aspect of the loan, you can proceed with the process.


Read the Fine Print

Sometimes, borrowers miss out on small yet important details on their loan terms. They end up paying more for the loan or encountering problems in the future. Whether the information is found in your research or on the loan agreement, you should take the time to know everything that comes with your loan.

It's always wise to catch crucial information like fees when applying for a debt consolidation loan in New Hampshire. These fees can either increase or decrease your monthly dues, giving you a chance to save money in the long run. For some borrowers, the presence or absence of fees is the make-it-or-break-it factor for their decision.

Fees worth noting include origination, late and prepayment penalties fees. Lenders can charge you other fees for specific services, so it's best to be aware of these. You should also know how much each fee costs compared to other lenders.



The application process varies for every lender. Some lenders have a fully online application process, while others may be over the phone or in person. What matters is that you're comfortable with the application mode of your selected lender.

During the application, lenders will ask you to provide documents for identification, address verification and proof of income. For a smoother and faster transaction, ensure that you have all these documents before you apply for the loan. It's also crucial to fill in the correct information in the application form to avoid delays or the risk of being rejected.

While this may be the final part of the decision-making process, it is only the start of your financial commitment — once your application has been approved. After a few years, you might thank yourself for investing all the time and effort in looking for the perfect lender for you.

What to Do if You Can’t Get a Debt Consolidation Loan in NH

If a lender rejects your loan application, know that you're not alone. Typically, denied applications are due to low credit scores, insufficient income, debts and other common reasons. Although it can be worrying, you're not at a dead end. There are still a few things you can do to get a loan.

The first thing is to call your lender and ask specifically why your application was denied. You should also ask if there are ways to modify the application to make the lender reconsider. Some lenders may allow you to change the terms, amount or other information in your application to increase the chances of being approved for the loan.

You can also apply to other lenders. However, if you haven't worked on the reason for the initial denial, there's a possibility that other lenders will deny your application as well. MoneyGeek advises that you work on what caused the rejection before going to other lenders.

Payday loans are not ideal. These loans have extremely high-interest rates, making it difficult for borrowers to repay them. As a result, you may end up in more debt than intended. The expensive monthly payments can also significantly affect your monthly budget.

Calculate Your Monthly Payment

Loans require monthly payments that are computed with interest. You need to know if your budget can accommodate these installments, especially if you must undergo pre-approval. Calculate below the amount you will have to cover every month.


FAQs About Debt Consolidation Loans in New Hampshire

Your personal needs, credit profile, income and other important factors determine the best debt consolidation loan lender in New Hampshire. MoneyGeek responds to the following commonly asked questions about debt consolidation loans in New Hampshire:

In New Hampshire, MoneyGeek found that the best consolidation loan lender overall is Upgrade.

The New Hampshire lender with the lowest interest rates for debt consolidation is Upstart. Its APR starts at 3.22% and can go up to 35.99%

Restrictions on fund usage depend on your lender. Consider checking with your lender if they have any restrictions before you apply for a debt consolidation loan.

Depending on your needs and credit profile, you can borrow up to $100,000 to consolidate debt in New Hampshire.

It depends on your lender. Some lenders can approve your application instantly and then release the funds on the same day. Others can take up to one week. The length of time depends on the details of your application.

Yes. However, you may incur a prepayment penalty fee. Read the fine print of your loan agreement or ask your lender if they charge this fee.

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MoneyGeek reviewed over 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 amount, minimum credit score, minimum income amount, application fees and disbursement time.

Here at MoneyGeek, we value you, the consumer, so we 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, our picks are chosen 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.

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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.