Refinance credit card debt with a personal loan | Upgrade
Refinance credit card debt with a personal loan
- Loans up to $50,000
- Affordable monthly payments
- No prepayment fees
- Fast funding
Eliminate high-interest credit card payments with a lower rate
Streamline multiple payments into a single monthly payment that’s easy to manage and pay off.
Pay credit card bills directly
Choose Debt Payoff and we’ll send payments directly to your lenders upfront. Plus, you’ll get a discount on your interest rate.
Why refinance your credit cards with a personal loan?
Take control
Streamline multiple payments into a single monthly payment that’s easy to manage and pay off.
Lower your rates
Eliminate high-interest debt and credit card payments with a lower rate.
No surprises
Get a fixed rate that won’t ever change. Be confident that you know how much you’re paying each month.
Get out of debt faster
Find the relief of a clear payoff date that you can circle on your calendar.
It's quick and easy to apply for a personal loan online
Check your rate
Apply online in minutes and see your rate with no obligation or impact to your credit score.
Choose your personal loan
Review multiple loan options and decide which offer is best.
Fast funding
Accept your loan offer and you should get your money within a day of clearing necessary verifications.
Personal loans through Upgrade are flexible & customizable
Select an offer
Choose your monthly payment that won't ever change and fits your budget.
Fixed rate & term
Pick terms that fit your timeline.
A simple breakdown of a personal loan
Get to know the rates, fees, and your payback plan
If you're approved for a $10,000 loan with a 17.98% APR and 36-month term...
Your APR
The 17.98% APR includes:
- 14.32% yearly interest rate
- 5% one-time origination fee ($500)
Your money
You would get $9,500 deposited directly in your account
$10,000 - $500 = $9,500
Your payments
And, each month you would pay back $343.33 over 36 months
Personal Loan FAQ
How does credit card refinancing work?
Credit card refinancing allows you to combine multiple credit card payments into one monthly payment. It’s an approach to paying off your credit cards.
How does Debt Payoff work?
The Debt Payoff option may appear when you check your rate with Upgrade. It allows you to use all or part of your loan to pay off existing debt.
What's the difference between refinancing credit card debt with a personal loan and a balance transfer?
A balance transfer happens when you move debt from one account to another. This can help you lower your interest rate, but it has a few downsides.
How will refinancing my credit cards affect my credit score?
Refinancing credit card debt with a personal loan increases your available credit. If the amount of credit you're using stays consistent and your available credit increases, your credit utilization ratio will be lower.
Need Help?
Email us at support@upgrade.com
Or call us at (844) 319-3909
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