{
  "id": 11247317,
  "title": "Best debt consolidation loans borrowers should know now",
  "url": "https://urgent.news/2026/10/01/best-debt-consolidation-loans-borrowers-should-know-now",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T17:54:48.000Z",
  "source": {
    "name": "CBS News",
    "slug": "cbs-news",
    "url": "https://www.cbsnews.com/news/best-debt-consolidation-loans-borrowers-should-know-now/"
  },
  "original_language": "en",
  "account": "Debt consolidation offers a simpler payment structure and potential interest savings for those juggling multiple credit card balances. However, selecting the right loan involves considering factors like credit profile, existing debt, and repayment comfort. This article highlights some of the best debt consolidation loans currently available.\n\nDiscover stands out for fee-free borrowing, offering no origination, prepayment, or late fees, competitive rates, and direct payments to credit card issuers. LightStream, a division of Truist Bank, caters to high loan amounts with competitive rates and no fees, but requires strong credit. Happy Money specializes in direct-to-creditor payoffs for credit card debt and provides low rates, but charges an up to 5% origination fee. SoFi offers flexible repayment terms up to 7 years and multiple rate discounts, including autopay, with a longer $5,000 minimum loan amount. Lastly, Avant extends its services to borrowers with fair or poor credit, accepting scores as low as 550 and offering fast funding, but includes an administration fee and lacks autopay discounts.",
  "summary": "Debt consolidation could help you simplify payments and cut interest costs if you know which loans to consider.",
  "key_points": [
    "Discover offers fee-free debt consolidation loans with competitive rates",
    "LightStream provides high loan amounts with no fees, targeting strong credit",
    "SoFi features flexible repayment terms up to 7 years with rate discounts"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}