Qualify for up to $100,000 to consolidate your high interest debt without impacting your credit score.
Our simple transparent, three-step process puts you in control of consolidating your debt into a payment you can afford.
Effortlessly begin your application and take a positive step forward in your journey to rebuild your finances.
Once received we will review your application and contact you to discuss next steps & terms of your loan.
If you qualify, finalizing your application is as simple as reviewing terms and accepting your offer online.
Debt consolidation is a strategy used to help borrowers regain control by combining multiple debt balances into one, some key features of debt consolidation include:
Consolidate debts from other loans and credit cards into one payment.
Save on interest depending on the loan helping you reduce your total monthly payments and save money over the life of your loan.
By consolidating your debts, you may be able to shorten your payoff period and achieve financial freedom sooner, thanks to streamlined monthly payments.
Consolidation can be a good tool to potentially improve your credit score by reducing your credit utilization ratio and simplifying debt with a manageable monthly payment.
If your debt-to-income ratio is high, taking on new consolidation loan could further strain your financial situation and make it things harder if you fall behind.
If your debt is a result of habitual overspending, consolidation may add to the issue and might not be the best option without a proper spending plan in place.
If consolidating your debts leads to higher overall payments or interest rates, it may not be the most beneficial strategy for your financial health.
Have questions about the process? Let us help you get started!
800.997.1670
Repayments are made in monthly installments. Personal Loan repayments are calculated depending on your choice of 24, 36 48, 60 or 72 month terms with the interest rate you receive on approval of your loan.
Debt consolidation loans are typically used by people who have multiple forms of debt which have different interest rates and repayment dates. Consolidating these into a single loan can potentially result in a lower interest rate & makes budgeting or financial planning far less confusing.
Loanosity’s unsecured debt consolidation loans range from Replace with $5,000* to $100,000 with flexible loan terms of 24, 36 48, 60 or 72 month terms.
*$6,500 in Massachusetts.
The Loanosity Loan is an unsecured loan. This means that you do not need to provide collateral for the loan.
Once your application is complete and verified, if you are approved for a loan, you will receive a Loan Agreement for electronic signature. Once you’ve signed the document electronically, the loan proceeds are wired to your creditors directly for payoff in 24 to 48 hours.
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Miami, FL 33131
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All loans made by Cross River Bank, a New Jersey-Chartered Commercial Bank, Member Federal Deposit Insurance Corporation (FDIC). THIS IS NOT A DEPOSIT PRODUCT.
Disclaimer: Advertised rates and terms are subject to change based on market conditions or borrow eligibility. Individuals must be a U.S. citizen or permanent resident and at least 21 years old to apply for credit from loanosity. You authorized us to make inquiries and obtain information about you in accordance with applicable laws. Valid bank account and Social Security number required. Offered loan terms depend on requested loan amount and credit score, usage and history and are subject to verification of your credit history. Conditions and limitations apply. Loans are not available to residents of all states.
DEBT CONSOLIDATION LOAN INTEREST RATES AND FEES | ELIGIBILITY AND IMPORTANT DETAILS. If approved for a loan, the rates and terms offered will depend on things like creditworthiness, the length of the loan, and other factors, and will fall within the range of rates available by applicable loan term. Not all applicants will qualify for the lowest rate. Fixed rates range from 20.82% to 26.07% with an Annual Percentage Rate (APR) of 29.99-30.00%. Loan Terms: loanosity Personal Loans offer 2, 3, 4, 5, and 6 year terms. Loan Fees: loanosity personal loans have no prepayment penalties.
DEBT CONSOLIDATION LOAN | REPAYMENT EXAMPLE. The following example depicts the APR, monthly payment and total payments during the life of a $10,000 debt consolidation loan with a 4 year repayment term and a fixed rate of 24.78% and an APR of 30.00%. It works out to 48 monthly payments of $330.35 for a total amount of payments of $15,856.80. This repayment example assumes that all payments are made on time, with no pre-payments. Actual rates may vary based on repayment term, loan amount, creditworthiness, and other terms and conditions. loanosity does not offer variable rate personal loans.
**Origination Fees: Cross River Bank charges loan origination fees. Loan origination is 8.99% of the amount financed, which is 8.25% of the total loan amount.
USA Patriot Act: To help the government fight the funding of terrorism and money laundering activities, Federal law requires financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means to you: When you open an account, we will ask for information such as your name, address, date of birth or other information that will allow us to identify you. We may also request another identifying document.
Providing your information does not guarantee approval for a product offering.
