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Taylor Medine is a staff writer at Forbes Advisor who demystifies complex money topics to help everyday people make more informed financial decisions. Over her nearly a decade of experience, Taylor's work has been published on Bankrate, Experian, Cre...
Taylor Medine is a staff writer at Forbes Advisor who demystifies complex money topics to help everyday people make more informed financial decisions. Over her nearly a decade of experience, Taylor's work has been published on Bankrate, Experian, Cre...
Taylor Medine is a staff writer at Forbes Advisor who demystifies complex money topics to help everyday people make more informed financial decisions. Over her nearly a decade of experience, Taylor's work has been published on Bankrate, Experian, Cre...
Taylor Medine is a staff writer at Forbes Advisor who demystifies complex money topics to help everyday people make more informed financial decisions. Over her nearly a decade of experience, Taylor's work has been published on Bankrate, Experian, Cre...
Angelica Leicht is a seasoned personal finance writer and editor with nearly two decades of experience but just one goal: to help readers make the best decisions for their wallets. Her expertise spans a wide range of financial topics, from the tools...
Angelica Leicht is a seasoned personal finance writer and editor with nearly two decades of experience but just one goal: to help readers make the best decisions for their wallets. Her expertise spans a wide range of financial topics, from the tools...
Angelica Leicht is a seasoned personal finance writer and editor with nearly two decades of experience but just one goal: to help readers make the best decisions for their wallets. Her expertise spans a wide range of financial topics, from the tools...
Angelica Leicht is a seasoned personal finance writer and editor with nearly two decades of experience but just one goal: to help readers make the best decisions for their wallets. Her expertise spans a wide range of financial topics, from the tools...
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations.
Debt consolidation loans can lower your monthly payments and interest rates. Yet, not all debt consolidation loans are the same, and choosing the wrong one can worsen a debt situation.
Our team of loan experts and data analysts researched and scored loans from 35 popular lenders to bring you the best debt consolidation loan options. The most heavily weighted factor in our scoring methodology was whether lenders offer a direct payment to third-party creditors. We also considered loan costs and terms to whittle down our list from 35 to 10. Read on for our top picks, and learn when taking out a debt consolidation loan may be the right move.
Our editorial team has over 20 years of cumulative experience and relies on research and data-driven methodologies to provide unbiased ratings for emergency loans. We are not influenced by advertisers and provide honest and transparent product evaluations. You can read more about our editorial guidelines and the loans methodology below.
Our ratings take into account loan cost, loan details, eligibility and accessibility, customer experience and application process. All ratings are determined solely by our editorial team.
SoFi has risen to prominence as one of the most recognizable online lenders. At SoFi, you can apply for various types of loans, including loans for school, debt consolidation and more.
Why We Like It
SoFi loans feature no origination fees or late fees. Additionally, SoFi loans offer a 0.25% rate discount when using autopay, and SoFi can send loan funds directly to your creditors.
What We Don’t Like
You need a credit score of at least in the mid-600s to qualify. However, SoFi accepts co-applicants, and applying with someone who has good credit could improve your loan terms.
Who It’s Best For
SoFi is a good choice for credit card debt consolidation because it lacks fees and offers large loan amounts that can cover high card balances. Borrowers also receive one complimentary financial planning session, which could be an opportunity to discuss credit card spending with an advisor.
Pros & Cons
No origination fees or late fees
Rate discounts for using autopay
Direct pay to third-party creditors
Strong credit may be necessary
Rates higher than other lenders
Details
Eligibility
Minimum credit score: 650
Co-applicants: Permitted
Direct pays third-party creditors: Yes
BEST DEBT CONSOLIDATION LOAN FOR LOW INTEREST RATES
U.S. Bank
4.3
Our ratings take into account loan cost, loan details, eligibility and accessibility, customer experience and application process. All ratings are determined solely by our editorial team.
Minimum Credit Score
720
APR range
7.99% to 24.99%
with autopay
Loan amounts
$1,000 to $50,000 for existing U.S. Bank customers and up to $25,000 for new customers
$1,000 to $50,000 for existing U.S. Bank customers and up to $25,000 for new customers
Depends on the area you live in
Editor’s Take
US Bank is a major bank with 2,000 physical branches across 26 states. It also serves borrowers nationwide through online lending services.
Why We Like It
US Bank offers loans with no origination fees or late fees, and its interest rate cap (24.99% APR) is lower than that of several other competing lenders on this list.
What We Don’t Like
The average turnaround time for loans is one to four days. In comparison, competing lenders may offer next-day funding or even same-day funding. US Bank also doesn’t provide the option to pay your third-party creditors directly, so you’ll have to get funds and pay creditors yourself.
Who It’s Best For
US Bank is a good no-fee option for borrowers with a credit score above 700 who need to consolidate high-interest debt balances of less than $50,000.
Pros & Cons
Low interest rates
Prequalification without a hard credit inquiry
0.50% rate discount for using autopay
Strong credit necessary
Loan funding may take several days
Details
Eligibility
Minimum credit score: 720
Co-signers: Permitted
Direct pays third-party creditors: No
BEST DEBT CONSOLIDATION LOAN FOR LIMITED CREDIT
Upstart
4.1
Our ratings take into account loan cost, loan details, eligibility and accessibility, customer experience and application process. All ratings are determined solely by our editorial team.
Upstart utilizes an underwriting model that considers factors beyond just credit to approve borrowers for loans. According to Upstart, its underwriting approach can approve 43% more applications and provide interest rates that are 33% lower than traditional underwriting models.
Why We Like It
Upstart may accept borrowers for debt consolidation loans who have limited credit or less-than-perfect credit.
What We Don’t Like
Upstart offers only two loan terms: 36 months and 60 months. This limits your ability to personalize your debt payoff schedule.
The origination fee, which can be as high as 12%, is also substantial. If the fee to consolidate debt with Upstart exceeds the interest savings, it may not be a cost-effective option.
Who It’s Best For
Upstart is best suited for borrowers who want to consolidate debt balances but don’t have strong enough credit to qualify for other loan options with lower fees.
Pros & Cons
Loans up to $50,000
No prepayment penalty
Low income requirement
High origination fees
Limited repayment terms
Co-borrowers and co-signers not permitted
Details
Eligibility
Minimum credit score. 300
Minimum annual income. $12,000
Co-borrowers/co-signers. Not permitted
Funding Speed
Funding can happen in as little as 24 hours.
*Upstart’s minimum credit score is 300, but prequalification through Credible starts at 620.
BEST DEBT CONSOLIDATION LOAN FOR SMALL DEBT BALANCES
PenFed
4.1
Our ratings take into account loan cost, loan details, eligibility and accessibility, customer experience and application process. All ratings are determined solely by our editorial team.
Founded in 1935, PenFed is a credit union that anyone can join by opening a PenFed savings account and making an initial deposit of $5. Becoming a member unlocks access to loan products, deposit accounts and other banking services.
Why We Like It
PenFed loan amounts start at just $600 with loan terms as short as 12 months, so it’s an option for borrowers who need to consolidate small sums. Additionally, PenFed provides loans with no origination fee and lets you send money to third-party financial institutions via ACH transfer.
What We Don’t Like
PenFed doesn’t offer any discounts for using autopay, and the best interest rates available aren’t as low as those offered by competing lenders.
Who It’s Best For
PenFed loans are ideal for borrowers seeking a small loan with no fees.
Pros & Cons
Next-day funding possible
Prequalification without a hard credit inquiry
Credit union membership is open to anyone with a $5 deposit
No discount available for using autopay
Does not disclose the minimum credit score
Details
Eligibility
Minimum credit score: Not disclosed
Co-applicants: Permitted
Direct pays third-party creditors: Yes
BEST DEBT CONSOLIDATION LOAN FOR EXCELLENT CREDIT
LightStream
4.1
Our ratings take into account loan cost, loan details, eligibility and accessibility, customer experience and application process. All ratings are determined solely by our editorial team.
LightStream, the online lending division of Truist, offers loan rates as low as 6.49% APR on debt consolidation loans for borrowers with strong credit.
Why We Like It
LightStream has no origination fees and offers an autopay discount of 0.50% points. The lender also provides a rate beat program, which promises to beat competitor rates if you’re approved for a better deal on the same loan terms elsewhere.
What We Don’t Like
LightStream doesn’t offer the option to prequalify for loans without a hard credit check, so you’ll have to complete the full application to shop for rates with the lender.
Who It’s Best For
LightStream loans are best suited for borrowers with very good to excellent credit, which is defined as a FICO Score of 740 or higher. For eligible borrowers, LightStream loans can be an affordable way to consolidate high-interest debt, thanks to low rates and no fees.
Pros & Cons
Low interest rates
Same-day funding possible
0.50% rate discount for using autopay
Good to excellent credit is necessary
No option to prequalify without a hard credit check
Details
Eligibility
Minimum credit score: 660
Co-applicants: Permitted
Direct pays third-party creditors: No
BEST DEBT CONSOLIDATION LOAN FOR CREDIT BUILDING
Upgrade
4.1
Our ratings take into account loan cost, loan details, eligibility and accessibility, customer experience and application process. All ratings are determined solely by our editorial team.
Minimum Credit Score
620
APR range
Personal loans made through Upgrade feature Annual Percentage Rates (APRs) of 7.99%-35.99%. All personal loans have a 1.85% to 9.99% origination fee, which is deducted from the loan proceeds. Lowest rates require Autopay and paying off a portion of existing debt directly. Loans feature repayment terms of 24 to 84 months. For example, if you receive a $10,000 loan with a 36-month term and a 17.59% APR (which includes a 13.94% yearly interest rate and a 5% one-time origination fee), you would receive $9,500 in your account and would have a required monthly payment of $341.48. Over the life of the loan, your payments would total $12,293.46. The APR on your loan may be higher or lower and your loan offers may not have multiple term lengths available. Actual rate depends on credit score, credit usage history, loan term, and other factors. Late payments or subsequent charges and fees may increase the cost of your fixed rate loan. There is no fee or penalty for repaying a loan early. Personal loans issued by Upgrade’s bank partners. Information on Upgrade’s bank partners can be found at https://www.upgrade.com/bank-partners/.
Personal loans made through Upgrade feature Annual Percentage Rates (APRs) of 7.99%-35.99%. All personal loans have a 1.85% to 9.99% origination fee, which is deducted from the loan proceeds. Lowest rates require Autopay and paying off a portion of existing debt directly. Loans feature repayment terms of 24 to 84 months. For example, if you receive a $10,000 loan with a 36-month term and a 17.59% APR (which includes a 13.94% yearly interest rate and a 5% one-time origination fee), you would receive $9,500 in your account and would have a required monthly payment of $341.48. Over the life of the loan, your payments would total $12,293.46. The APR on your loan may be higher or lower and your loan offers may not have multiple term lengths available. Actual rate depends on credit score, credit usage history, loan term, and other factors. Late payments or subsequent charges and fees may increase the cost of your fixed rate loan. There is no fee or penalty for repaying a loan early. Personal loans issued by Upgrade’s bank partners. Information on Upgrade’s bank partners can be found at https://www.upgrade.com/bank-partners/.
7.99% to 35.99%
$1,000 to $50,000
Editor’s Take
Upgrade is a provider of loans and other financial products, including reward checking accounts and credit monitoring services.
Why We Like It
Upgrade loans offer terms of two to seven years, providing you with multiple years to repay your debt consolidation loan if necessary. When you take out a personal loan with Upgrade, you also get access to credit health insights in your Upgrade account dashboard.
What We Don’t Like
Upgrade has an origination fee of up to 9.99%, which is important to consider before borrowing.
Who It’s Best For
Upgrade loans are ideal for borrowers working on building strong credit history. Credit health monitoring is free and can help you track credit score growth as you pay off debt.
Pros & Cons
Fair credit accepted
Rate discounts for using autopay and for using loans to pay off existing debt
Free credit health monitoring
Origination fees
Potentially high interest rates
Details
Eligibility
Minimum credit score: 620
Co-applicants: Permitted
Direct pays third-party creditors: Yes
BEST DEBT CONSOLIDATION LOAN FOR MILITARY MEMBERS AND THEIR FAMILIES
USAA
3.9
Our ratings take into account loan cost, loan details, eligibility and accessibility, customer experience and application process. All ratings are determined solely by our editorial team.
USAA is a bank that serves active-duty service members, veterans, certain government employees and qualifying family members.
Why We Like It
USAA’s lack of origination fees can significantly reduce borrowing costs. USAA also accepts co-applicants, and applying with someone who has strong credit could improve your loan terms.
What We Don’t Like
We couldn’t find an option to prequalify without a hard inquiry, so it’s less convenient to shop for rates with the lender.
Who It’s Best For
USAA is best for existing USAA members, service members and eligible family members. Members may find low rates and fees on loans and other banking products.
Pros & Cons
0.25% rate discount for using autopay
Large loans up to $100,000
Loan terms up to seven years
No option to prequalify without a hard credit check
Products are only available to borrowers with ties to the U.S. military and certain federal workers
Does not disclose the minimum credit score required
Details
Eligibility
Minimum credit score: Not disclosed
Co-borrower: Permitted
Direct pays third-party creditors: Yes
BEST DEBT CONSOLIDATION LOAN FOR CUSTOMER EXPERIENCE
Rocket Loans
3.9
Our ratings take into account loan cost, loan details, eligibility and accessibility, customer experience and application process. All ratings are determined solely by our editorial team.
Minimum Credit Score
640
APR range
*For example, a 5-year $16,000 loan with a 14.55% interest rate and a 6.95% ($1,112) origination fee would have 59 scheduled monthly payments of approximately $376.83 and 1 final monthly payment of approximately $399.09 for an APR of 17.90%.
*For example, a 5-year $16,000 loan with a 14.55% interest rate and a 6.95% ($1,112) origination fee would have 59 scheduled monthly payments of approximately $376.83 and 1 final monthly payment of approximately $399.09 for an APR of 17.90%.
9.12% to 29.99%*
minimum rate includes autopay discount
$2,000 to $45,000
Editor’s Take
Rocket Loans, under the Rocket Companies umbrella, offers personal loans that borrowers can use for various personal reasons, including debt consolidation.
Why We Like It
Rocket Loans receives high customer review ratings. What’s more, customer service is available on weekdays and Saturdays from 9 a.m. to 6 p.m. to answer loan questions.
What We Don’t Like
Rocket Loans only provides funding up to $45,000, which may not be enough to consolidate high balances. You also can’t apply with a co-applicant, making it a less viable option if you want to pay off joint debt you owe with someone else.
Who It’s Best For
Rocket Loans is best for borrowers with at least fair credit who value a high level of customer experience. The company receives positive customer feedback and has extended office hours on weekdays and weekends.
Pros & Cons
High customer feedback scores
Same-day loans available
Not available in Nevada, Iowa, West Virginia or Maryland
Co-applicants not permitted
Origination fees
Details
Eligibility
Minimum credit score: 640
Co-applicants: Not permitted
Direct pays third-party creditors: Yes
BEST FOR DEBT CONSOLIDATION LOAN FOR RATE DISCOUNTS
LendingClub
3.9
Our ratings take into account loan cost, loan details, eligibility and accessibility, customer experience and application process. All ratings are determined solely by our editorial team.
LendingClub is a financial services company with a streamlined debt consolidation process. During the loan application, you specify the account information for the creditors you want to pay off with the loan funds. If approved, LendingClub sends the money directly to your creditors.
Why We Like It
LendingClub provides a discounted APR to customers who use loan funds to pay off existing debt. The minimum credit score requirement is 600.
What We Don’t Like
While borrowers with weak credit may qualify for LendingClub loans, be aware of potential high interest rates and the origination fee, which can reach up to 8%.
Who It’s Best For
LendingClub can be a good option for borrowers with below-average credit because you can apply with a co-applicant to strengthen your application, and rate discounts are available.
Pros & Cons
Low credit score requirement
Rate discount for using funds to pay off debt
Accepts co-applicants
Origination fees
High potential rates
Details
Eligibility
Minimum credit score: 600
Co-applicants: Permitted
Direct pays third-party creditors: Yes
BEST CONSOLIDATION LOAN FROM A BRICK-AND-MORTAR BANK
Citi® Personal Loan
3.9
Our ratings take into account loan cost, loan details, eligibility and accessibility, customer experience and application process. All ratings are determined solely by our editorial team.
Minimum Credit Score
Credit score ranges are based on FICO® credit scoring. This is just one scoring method and a lender may use another method when considering your application. These are provided as guidelines only and approval is not guaranteed.
Credit score ranges are based on FICO® credit scoring. This is just one scoring method and a lender may use another method when considering your application. These are provided as guidelines only and approval is not guaranteed.
740
8.99% to 19.49%**
$2,000 to $30,000
Editor’s Take
Citi is a traditional brick-and-mortar bank that provides a fully digital loan shopping experience with online applications and the option to prequalify without a hard credit check.
Why We Like It
Citi loans have no origination fees, and a 0.50% interest rate reduction discount is available for customers who use autopay.
What We Don’t Like
Citi doesn’t allow co-applicants, so you can’t apply with a spouse or partner. Additionally, existing Citibank deposit or credit card customers who have been with the bank for less than 12 months are not eligible for a loan.
Who It’s Best For
Citi loans are ideal for long-time Citibank customers and individuals who prefer to borrow from a major financial institution.
Pros & Cons
Low interest rates
No late fees
0.50% rate discount for using autopay
Prequalification without a hard credit inquiry
Small loans, capping at $30,000
Does not disclose the minimum credit score required
Details
Eligibility
Minimum credit score: 740
Co-applicants: Not permitted
Direct pays third-party creditors: No
Details:
Apply for a personal loan online for up to $30,000
Rates as low a 8.99% APR, which includes a 0.5% discount for enrolling in automatic payments**
Zero fees – no origination fees, no late fees, no prepayment penalty, and no hidden fees
Up to 60 month repayment terms
Fast funding when using direct deposit – same day with an existing Citi account, or within 2 business days with a non-Citi account
Disclosure
Terms, conditions, and fees for accounts, products, programs and services are subject to change at any time. You must be at least 18 years of age (21 years of age in Puerto Rico). Co-applicants are not permitted. Existing Citi deposit and credit card customers who have been a Citi customer for less than 12 months are not eligible for a Citi® Personal Loan.
If you apply online, you must agree to receive the loan note and all other account disclosures provided with your loan origination in an electronic format and provide your signature electronically.
**Rates as of 06-03-2025. Your APR may be as low as 8.99% or as high as 19.49% for the term of your loan. The lowest rate quoted assumes excellent credit, a loan term of 24 or 36 months , and includes a 0.5% APR discount for enrollment in automatic payments at the time of loan origination. Your APR will depend on a variety of factors including your creditworthiness, term of loan, and existing relationship with Citi. Citi offers personal loans with a period of repayment between 12 and 60-month terms. For example, if you borrow $10,000 for 36 months at 15.99% APR, to repay your loan you will have to make 36 monthly payments of approximately $351.52.
Existing Citigold and Citi Priority customers will receive an additional 0.25% discount to the APR. If you are in default, your APR may increase by 2.00%. Rates subject to change without notice.
To check for offers you may qualify for, Citi conducts a soft credit inquiry. If you are presented with an offer and choose to proceed with the application process, Citi will conduct a hard credit inquiry which may have an impact on your credit score.
Citi® Personal Loan proceeds cannot be used to pay for post-secondary education expenses or for business purposes. Credit cards issued by Citibank, N.A. or its affiliates, as well as Checking Plus and Ready Credit accounts, are not eligible for debt consolidation, and Citibank will not issue payoff checks for these accounts. If you are unsure of the issuer on the account, please visit https://www.citi.com/affiliatesproducts for a list of Citi products and affiliates.
If you are approved for a personal loan with Citi, you can get your funds the same day with a Citi deposit account, or up to 2 business days for a non-Citi account when using direct deposit. Or, you can select to receive a check by mail in approximately 5 business days.
Personal loans are made available by Citibank, N.A., Equal Housing lender
When Is Debt Consolidation the Right Option?
A debt consolidation may be right for you if:
You have a consistent income
You have good credit or recently improved credit
You have high-interest debt owed to multiple creditors
You want a fixed debt payment and a preset debt payoff schedule
A debt consolidation loan is a type of installment loan that offers a lump sum you can use to pay off other creditors. This can simplify repayment, lower your rate and help you pay off debt faster.
However, consolidation loans are not a “get out of debt” shortcut, especially for borrowers with bad credit. Generally, a strong credit score (740 or higher) is needed to qualify for the very best personal loans with the lowest interest rates.
Average Debt Consolidation Interest Rates By Credit Score
The table below provides an idea of the interest rates you may qualify for if you use a personal loan to consolidate your debt.
How To Qualify for a Debt Consolidation Loan
Applying for a debt consolidation loan is essentially applying for a personal loan to pay off other debt. Below are steps to take to qualify:
Review credit criteria. Having a credit score of 670 will increase your approval odds, but an even higher credit score above 700 can help you qualify for lower interest rates on consolidation loans.
Check debt-to-income (DTI) ratio requirements. Typically, personal loan lenders want you to have a DTI of less than 36%; however, some lenders may accept up to 50%.
Compare interest rates. Interest rates for the most competitive personal loans cap at 36%. Borrowers with high credit scores are more likely to be approved for lower rates.
Look at the fees. Lenders may charge origination fees of up to 12% to process your loan. There may also be additional fees to compare, such as prepayment penalties and late fees.
Review term options. Loan terms often range from 12 to 84 months, depending on the lender and loan amount. High loan amounts and extended repayment periods are typically reserved for borrowers with good credit and strong income.
Prequalify if you can. Many lenders allow you to prequalify online to get personalized loan rate quotes without a hard credit check. Try to obtain two to four rate quotes before settling on a loan.
Pro Tip
When approved for a consolidation loan, make sure that the old credit balance is fully paid off with funds from your loan before you stop making payments. Paying late on your old credit accounts before the balance is paid off can result in late fees and a credit score hit.
Pros and Cons of Debt Consolidation
The advantages of debt consolidation loans include the convenience of combining multiple payments and the potential for savings by securing a lower interest rate and monthly payment.
The downside to debt consolidation is that not everyone will qualify for an interest rate that makes it financially beneficial. Furthermore, using a loan to pay off balances on credit cards can free up more available credit on your cards, potentially leading to increased spending.
When you consolidate credit card balances, it’s important to change spending habits to avoid getting deeper into debt.
Before choosing a debt consolidation loan to manage your debt, consider the following alternatives.
Try a credit card balance transfer. Some credit cards offer low-interest or 0% interest deals to borrowers for a specified period, typically 12 to 18 months. Opening a new card and paying off your balance during this period is essentially a free debt consolidation.
Enroll in a debt management plan (DMP). For a small fee, DMPs through credit counseling agencies offer a money plan that includes a debt repayment strategy. For the plan, counselors may negotiate a reduction of your interest rates and fees.
Negotiate a payment agreement. In some cases, creditors may agree to a pause in payments or a temporary reduction in interest to help you pay off a balance. Consider contacting your creditors to explore the available options.
Consider a debt settlement. A creditor may be open to settling your debt for a lesser amount than what you owe if you’re delinquent on the debt. Be sure to speak with a financial professional before settling debt to understand the implications, since this can impact your credit.
Methodology
We reviewed 35 popular lenders in the categories of loan details, loan costs, eligibility and accessibility, customer experience and the application process. We chose the best lenders based on the weighting assigned to each category:
Loan cost. 32%
Loan details. 20%
Eligibility and accessibility. 21%
Customer experience. 16%
Application process. 11%
Debt consolidation tools. 15%
Within each category, we also considered several characteristics, including available loan amounts, repayment terms, APR ranges and applicable fees. We also looked at minimum credit score requirements, whether each lender accepts joint applications and the geographic availability of the lender. Finally, we evaluated the availability of each provider’s customer support team.
Where appropriate, we awarded partial points depending on how well a lender met each criterion.
A debt consolidation loan could temporarily reduce your credit score due to the hard credit inquiry involved at application.
However, it could also be beneficial for your credit if paying off revolving debt (e.g., credit cards) reduces your credit utilization, since it’s a key factor in determining your credit score.
How can I pay off $60,000 in debt in two years?
A debt consolidation loan is one way to pay off $60,000 in two years. To illustrate, with a 10% APR, payments for a two-year loan would be $2,768.70 per month, totaling $6,448.69 in interest. However, consider consulting with a financial advisor or debt counselor to receive guidance on managing your unique debt situation.
Is there a downside to consolidating loans?
A consolidation loan only puts a Band-Aid on a debt problem unless you change your spending habits. Also, a consolidation loan might not always lower your interest rate or monthly payment, depending on the loan terms and the lender’s credit requirements.
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Performance information may have changed since the time of publication. Past performance is not indicative of future results.
Forbes Advisor adheres to strict editorial integrity standards. To the best of our knowledge, all content is accurate as of the date posted, though offers contained herein may no longer be available. The opinions expressed are the author’s alone and have not been provided, approved, or otherwise endorsed by our partners.
Taylor Medine is a staff writer at Forbes Advisor who demystifies complex money topics to help everyday people make more informed financial decisions. Over her nearly a decade of experience, Taylor's work has been published on Bankrate, Experian, Credit Karma, MarketWatch, The Balance and more.
Angelica Leicht is a seasoned personal finance writer and editor with nearly two decades of experience but just one goal: to help readers make the best decisions for their wallets. Her expertise spans a wide range of financial topics, from the tools you need for retirement planning to navigating the ever-changing interest rate landscape, and has been featured in CBS News, Bankrate, The Motley Fool and more. When she's not editing, you can find her hanging out with her French bulldog or binging true crime podcasts.
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