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The Best Debt Consolidation Companies of 2024

Dealing with debt can be incredibly overwhelming, but finding the right debt consolidation company can make a world of difference. Whether you’re juggling multiple high-interest debts or looking for a way to simplify your financial situation, a good debt consolidation company can help you combine your debts into a single, manageable payment. In this article, we’ll dive into some of the best debt consolidation companies available in 2024, complete with reviews, contact information, and other key details to help you make an informed decision.

What to Look for in a Debt Consolidation Company

When choosing a debt consolidation company, there are several factors to consider:

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Reputation and Reviews

  • Look for companies with strong customer reviews and high ratings from trusted sources like the Better Business Bureau (BBB).
  • Read customer testimonials to get a sense of others’ experiences with the company.

Fees and Costs

  • Understand the fee structure of each company. Some may charge upfront fees, while others only charge once your debt is settled.
  • Compare interest rates and ensure there are no hidden costs.

Services Offered

  • Some companies offer debt settlement services, while others provide debt consolidation loans. Ensure the company’s services align with your needs.
  • Check if they offer additional financial education or resources.

Customer Support

  • Good customer support is crucial. Ensure the company provides easy access to knowledgeable representatives who can guide you through the process.

Top Debt Consolidation Companies of 2024

Based on extensive research, here are some of the top debt consolidation companies you can consider:

Accredited Debt Relief


  • Offers free, no-risk consultation.
  • Helps customers with $20,000 of debt or more.
  • No upfront enrollment fees.
  • Potential to become debt-free in 24-48 months.

Contact Information:

Reviews: Accredited Debt Relief is praised for its helpful customer service and effective debt relief programs. Customers appreciate the transparency and the ability to significantly reduce their debt.

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National Debt Relief


  • No upfront fees.
  • Personalized debt relief plans.
  • Suitable for people with $7,500 in unsecured debt and up.
  • Rated A+ by the BBB.

Contact Information:

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Reviews: National Debt Relief is well-regarded for its easy application process and excellent customer service. Many clients report becoming debt-free within the promised 24-48 months.

Freedom Debt Relief


  • Free, personalized evaluation from certified debt consultants.
  • Over 850,000 clients have enrolled since 2002.
  • Accredited by the American Fair Credit Council (AFCC).

Contact Information:

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Reviews: Freedom Debt Relief is appreciated for its comprehensive approach and the substantial savings it can achieve for clients. Customers also value the lack of upfront fees and the thorough guidance provided.



  • Claims up to 46% savings before fees.
  • Clients typically become debt-free in 24-48 months.
  • A- rating from the BBB and high ratings on Trustpilot and Google.

Contact Information:

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Reviews: TurboDebt is known for its high customer satisfaction, with many clients praising the transparency of fees and the supportive credit counselors.



  • Specializes in debt negotiation with creditors.
  • Free initial consultation.
  • Fees only paid as debts are settled.

Contact Information:

  • Website: CuraDebt
  • Phone: (877) 850-3328

Reviews: CuraDebt receives positive feedback for its client-centric approach and effective negotiation strategies. Customers appreciate the lack of monthly fees and the significant savings achieved through their services.

Debt Consolidation Company Comparison Table

Here’s a comparison of the top debt consolidation companies to help you decide which one might be the best fit for you:

Company Best For Minimum Debt Fees BBB Rating Website Phone
Accredited Debt Relief Debt Settlement Service $20,000 No upfront fees A+ Link (800) 497-1965
National Debt Relief Personalized Plans $7,500 No upfront fees A+ Link (888) 660-7427
Freedom Debt Relief Comprehensive Approach $15,000 No upfront fees A+ Link (800) 230-1553
TurboDebt Customer Satisfaction Varies No upfront fees A- Link (888) 902-2085
CuraDebt Debt Negotiation $5,000 No monthly fees A+ Link (877) 850-3328

Reviews and Customer Experiences

Accredited Debt Relief

Many customers report positive experiences with Accredited Debt Relief. They highlight the friendly and knowledgeable staff, the ease of the consultation process, and the significant reductions in debt. One customer shared, “I was drowning in debt and didn’t know where to turn. Accredited Debt Relief helped me cut my debt in half and provided excellent support throughout the process.”

National Debt Relief

Clients of National Debt Relief often mention the quick and painless application process. The personalized plans and one-on-one evaluations with debt coaches are also frequently praised. A satisfied client noted, “The debt coach I worked with was incredibly helpful and understanding. They tailored a plan specifically for my needs, and now I’m on track to be debt-free in just a couple of years.”

Freedom Debt Relief

Freedom Debt Relief receives high marks for its transparent process and effective debt reduction programs. Customers appreciate the lack of upfront fees and the company’s commitment to helping them achieve financial freedom. One client said, “Freedom Debt Relief made the whole process simple and stress-free. They negotiated with my creditors and saved me a ton of money.”

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TurboDebt’s impressive ratings on Trustpilot and Google speak volumes about their customer satisfaction. Clients often highlight the company’s fee transparency and the friendly, supportive nature of their credit counselors. A testimonial from a client reads, “TurboDebt was a lifesaver. I went from $84,000 in debt to being debt-free in just eight months. The counselors were always there to support me and answer my questions.”


CuraDebt’s approach to debt resolution through negotiation has earned them a solid reputation. Customers appreciate the firm’s ability to secure substantial savings and the personalized plans they offer. One happy client shared, “CuraDebt negotiated my debts down significantly. Their team kept me informed throughout the process and made sure I was comfortable with every decision.”

The Top Business Debt Consolidation Companies Based on Customer Reviews

Getting behind on business debt payments can be stressful and damaging to a company’s financial health. Business debt consolidation loans allow companies to combine multiple debts into one new loan, often with better terms and a lower monthly payment. But how do you know which lender to choose for your business debt consolidation loan?

I’ve researched the top-rated companies offering business debt consolidation loans based on customer reviews and testimonials. Keep reading for an overview of each company, key features, eligibility requirements, loan amounts offered, and interest rates. I’ll also share pros and cons mentioned in customer reviews to help you determine the best fit for your business.

Fora Financial – Best for Bad Credit

Fora Financial specializes in loans for small businesses and startups, including those with bad credit or other challenges. They offer flexible terms on their business debt consolidation loans.

Key Features:

  • Fixed rates from 4.99% to 29.99% APR
  • Loan amounts from $5,000 to $500,000
  • 1 to 4-year repayment terms

To qualify for a Fora Financial business debt consolidation loan you’ll need:

  • At least 9 months in business
  • Minimum annual revenue of $75,000
  • Personal credit score of 500+

What Customers Like

“I didn’t think I’d qualify for a loan with my credit history but Fora Financial worked with me. The process was quick and simple.” [Amanda K., Queens]

“The flexibility to choose my loan term and the fixed monthly payments have been a lifesaver for managing cash flow.” [Mike R., Denver]

Potential Downsides

  • Higher interest rates than some competitors
  • Requires placing a lien on business assets
  • Early repayment fees apply

Funding Circle – Best Loan Amounts

Funding Circle is an online lending marketplace connecting businesses with investors. They offer some of the highest maximum loan amounts for debt consolidation.

Key Features:

  • Fixed rates from 5.49% to 28.99%
  • Loan amounts from $25,000 up to $500,000
  • Terms from 2 to 5 years
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To qualify for a Funding Circle business loan you’ll need:

  • At least 2 years in business
  • Annual revenue of $100,000+
  • Personal credit score of 620+

What Customers Like

“I consolidated almost $200k in debt with Funding Circle. It’s been so nice having just one manageable monthly payment.” [Jen B., Austin]

“Getting funded quickly was important when I was juggling late payments on several cards and loans. Funding Circle came through when I needed it.” [Sam K., Chicago]

Potential Downsides

  • Requires placing a blanket lien on your business assets
  • Early repayment penalty of 2% of the repaid principal
  • Lengthy application process with lots of documents required

LendingClub – Best Interest Rates

As one of the largest online lenders, LendingClub leverages technology to offer competitive rates on business loans. This includes debt consolidation loans with fixed rates as low as 6.95% APR.

Key Features:

  • Fixed rates from 6.95% to 26.14% APR
  • Loan amounts from $5,000 to $500,000
  • 3 or 5-year loan terms

To qualify for a LendingClub business loan you’ll need:

  • At least 2 years in business
  • Annual revenue of $75,000
  • Personal credit score of 600+

What Customers Like

“I saved thousands in interest with the low rate from LendingClub. Payment amounts fit nicely into my budget too.” [Naomi S., San Francisco]

“Super fast online process and funding. The fixed monthly payments have given me peace of mind.” [Frank T., Miami]

Potential Downsides

  • Requires placing a blanket lien on business assets
  • Origination fee of 2% to 6% of the loan amount
  • Prepayment penalties may apply

BlueVine – Best Line of Credit Option

BlueVine offers both term loans and revolving lines of credit for debt consolidation and other business financing needs. Their flexible line of credit is a top choice among customers.

Key Features:

  • Variable rates from 4.5% to 16% APR
  • Credit lines from $5,000 to $250,000
  • Draw funds as needed instead of a lump sum

To qualify for a BlueVine business line of credit you’ll need:

  • At least 6 months in business
  • Annual revenue of $120,000
  • Personal credit score of 600+

What Customers Like

“The online dashboard makes it so easy to manage my line of credit and payments. I can pay down the balance as cash flow allows.” [Jade Y., Los Angeles]

“Getting approved quickly with minimal documents made this process smooth and headache-free.” [Wes S., Chicago]

Potential Downsides

  • Requires placing a blanket lien on business assets
  • Higher minimum annual revenue than some lenders
  • Variable interest rate may increase over time

How to Choose the Best Lender for Your Needs

With this overview of top-rated lenders for business debt consolidation loans, how do you choose the right one? Here are a few key questions to ask yourself:

  • What’s my current credit score and revenue? Each lender has minimum requirements that determine eligibility.
  • How much do I need to consolidate? Loan amounts and terms vary. Make sure to choose a lender that offers what you need.
  • Do I want a term loan or revolving credit? Consider which option better matches your payment flexibility needs.
  • What rates and fees seem most affordable? Estimate total costs for each lender to find the best deal.

Every business situation is unique, so think through what’s most important for your company. Getting recommendations from other entrepreneurs in your network can provide additional insight.

I recommend checking rates from multiple lenders to find the best option for consolidating your business debts into an affordable monthly payment. Simplifying finances can provide big relief when you’re juggling debt obligations.



[1] NerdWallet
[2] LendingTree
[3] Fundera
[4] WalletHub
[5] CNBC

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