Debt Consolidation Loans for Bad Credit
Drowning in multiple payments? Bad credit making it hard to get ahead? Debt consolidation loans from Yup Loans can streamline your finances and reduce what you pay each month. Apply today and get a decision in minutes¹.
Get a decision in 3 minutes
Loan amount from $250-$3000
Combine multiple debts into one payment
No upfront fees or costs
Representative Example: $1,000 loan over a 12-month term would have a total cost, including interest, a total payback amount of $1,134.72. APR 29.82%. Rates between 5.99% APR and 35.99% APR for qualified customers2. Loan term lengths from 3 to 36 months for qualified consumers.
Why Choose Yup Loans for Emergency Same Day Loans
Fast Decisions
Complete our straightforward online form and receive lender matches in just 3 minutes¹. Our system works around the clock, so you can apply whenever works for your schedule.
Quick Funding
Once approved, funds can be in your account as soon as the next business day*. We connect you with lenders who prioritize getting you the financial breathing room you need to pay off your debt faster.
Bad Credit Solutions
Our network includes lenders who look beyond what’s on your credit report when making decisions. Many of our customers find consolidation options for high-interest debt after being rejected by traditional banks³.
How To Consolidate Debt with a Personal Loan
Personal loans for debt consolidation help you transform multiple debts into one simple monthly payment. Instead of juggling different due dates and interest rates, you’ll have just one payment to remember⁴.
The whole process happens online – no paperwork headaches or branch visits needed. After you complete our secure loan application, our technology instantly connects you with lenders who specialize in helping folks with credit challenges³. If approved, you’ll see clear loan offers showing exactly what you’ll pay and when.
Once you accept an offer you like, money goes straight to your checking account – often by the next business day*. You can then use these funds to pay off your existing high-interest debt. Many of our customers find they end up with lower monthly payments and a clearer path to becoming debt-free⁴.
Get a Debt Consolidation Loan for Bad Credit in 3 Easy Steps
1
Quick Application
Fill out our simple online form in minutes to connect with lenders who specialize in debt consolidation.
2
Review Your Offer
Review the loan terms from our matched lender and decide if it’s the right solution for your financial situation.
3
Get Funding
Once approved, money can be deposited directly into your account within the next business day*.
Benefits of Consolidating Your Debt
When juggling multiple payments becomes overwhelming, a debt management plan can help you regain control of your finances:
- Simplify finances with one monthly payment
- Potentially lower your overall interest rate
- Create a clear path to becoming debt-free
- Reduce the stress of managing multiple due dates
- Potentially improve your credit score over time
- Stop collection calls from multiple creditors
- Save money on late fees and penalties
- Establish a fixed repayment timeline
- Consolidate credit card debt, medical bills, and other unsecured debts
- Free up monthly cash flow
Reviews
Alicia T., Denver, CO⁵: “The stress of managing eight different payment dates every month was affecting my health. Traditional banks wouldn’t even consider my loan application due to a past bankruptcy. Yup Loans found me a lender within hours who offered terms I could actually afford. The process was respectful, transparent, and has completely changed my financial outlook.”
Jason M., Chicago, IL⁵: “After years of juggling five credit cards and a medical bill, I barely made minimum payments. Yup Loans connected me with a consolidation lender despite my 580 credit score. Now I have one payment that’s $230 less than what I was paying before, and I’ll be debt-free in 36 months instead of dragging it out for years.”
Debt Consolidation Loans for Bad Credit FAQs
Can I consolidate my debt with a bad credit score?
Bad credit doesn’t mean you’re out of options³. Our lenders look at more than just your credit report – they consider your overall situation. Many people with spotty credit histories, past bankruptcies, or thin credit files get approved through our service. Your financial future matters more than past mistakes.
Can anyone qualify for a debt consolidation loan?
While we work with all kinds of credit situations, there are some basics you’ll need: be at least 18, have regular income coming in, own an active checking account, and have valid contact details. Even if banks have shown you the door because you don’t have good credit, our network likes to say “yes” when others say “no”³.
What are the best debt consolidation loans for bad credit?
The best loans keep things simple – clear terms, predictable payments, and rates that make sense for your situation. Our network includes lenders who understand credit challenges and offer solutions designed specifically for people rebuilding their finances. These loans for consolidating debt come with fixed rates and scheduled payments, so you’ll always know exactly what you owe and when it’s due.
Does a personal loan for debt consolidation hurt your credit?
You might see a small, temporary dip when you first get your loan due to the hard credit inquiry. But here’s the good news – making regular payments on time often improves your score over the long run. Plus, paying off maxed-out credit cards can lower your credit utilization ratio, which typically helps impact your credit score positively. Just remember not to rack up new debt on those freshly paid cards!
How do I know if debt consolidation is right for me?
Consolidation makes sense if you’re tired of juggling multiple payments, stressed about keeping track of different due dates, or want to simplify your monthly budget. It’s especially helpful if you can get a lower interest rate than what you’re currently paying. Unlike debt settlement, which can severely affect your credit score, consolidating debt with a personal loan can be a smarter way to address your financial challenges if you have steady income to make regular payments.
How long does it take to get approved for a debt consolidation loan?
We work fast – our matching process takes about 3 minutes¹, and most approved borrowers see money in their account by the next business day*. That’s way quicker than traditional bank loans that keep you waiting for weeks. This means you can start tackling your debt almost immediately and pay off your debt faster.
Take Control of Your Debt Today
Don’t let bad credit keep you trapped in a cycle of multiple payments and high interest rates. Our simple application takes just minutes to complete¹, and you could be on your way to financial simplification sooner than you think.