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Credit Education

How to Get and Use a Debt Consolidation Loan

Last updated: September 2026. Data note: Interest rate averages and market figures in this article reflect data as of September 2026. Rates change frequently — verify current figures at the sources cited in the References section before making financial decisions. Quick answer A debt consolidation loan replaces several debts, most often credit cards, with one fixed-rate loan and one monthly payment. It’s worth pursuing only when the APR, fees, and payment fit your budget and you have a realistic plan

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Every unique and talented Avantee is a co-creator of the Avant culture we love. We hope the @Avant series helps you get to know who we are, how we do what we do, and what it looks like to build

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Meet Courtney from the People Team

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Meet Sophia from the Risk Team

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Meet Kevin from the Leadership Team

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Meet Tyler from the Collections and Recoveries Team

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Meet Corbin from the Originations Team

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Meet Yefen from the Account Management Strategy Team

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Meet Tyler from the Servicing Product Team

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Meet Yanxiang from the Data Science Team

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Meet Sharity from the Legal Team

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Meet Nimbe from the Account Opening Team

Every unique and talented Avantee is a co-creator of the Avant culture we love. We hope the @Avant series helps you get to know who we are, how we do what we do, and what it looks like to build

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