Colorado is a state in the Western United States, it is an expensive state, and also the cost of living and studying is very high because limited supply makes housing more expensive. Denver and Boulder cities are considered the most expensive cities in the top 25 cities for living. According to the 2019 reports, approximately 1,27,000 housing units are needed in Colorado.
People have an average $ 2000 to $ 3,700 monthly expenditure and have approximately $ 89,170 household debt, and Colorado has ranked first in household debt. People use credit cards to pay other debt installments at the end of each month. People have a $ 6,024 average credit card debt, but the debt consolidation loan option is the best option to consolidate all debts.
So, Debt Consolidation Loan Lenders in Colorado provide consolidation loans at lower interest rates with a good credit card score and APR rate and merge or consolidate all of your debts into a single debt.
Best Debt Consolidation Loan Lenders in Colorado
To overcome the multiple debt loan installments or payments that have high-interest rates, People choose debt consolidation loan plans that are easily available at lower interest rates from the loan lenders in Colorado.
We have shared the top 20 best debt consolidation loan lenders in Colorado that consider consolidation loans as secured or unsecured loans. Secured debt consolidation loan takes collateral, and Unsecured consolidation loans take a little bit higher interest rates.
You can also read:
- Partner Colorado Credit Union
- Credit Union of Denver
- New Era
- Credit Union of Colorado
- Colorado Credit Union
- Freedom Debt Relief
- First Federal Lakewood
- Spire Financial
- Space Age Credit Union
- Oak View Law Group
- Brian Manning Cross Country Mortgage
- Social Financial
- Front Range Mortgage
- Sooper Credit Union
- American Debt Resources
- OneMain Financial
- Light Stream
1. Partner Colorado Credit Union
Partner Colorado Credit Union was founded in Arvada, Colorado, in 1931. This credit union has more than 100 local branches and 500 ATMs in Colorado and also provides services through its online website. It is one of the oldest debt consolidation loan lenders in Colorado that consolidates all your Credit card loans, Auto loans, etc.
This credit union provides up to a $ 1,00,000 loan amount at a 20 % lower interest rate for 15 years of term time. You can choose how many consolidation loan amount is needed, and the interest rate or term time depends on the loan amount. Your credit card score and APR must be good or fair for a debt consolidation loan.
Headquarters: Arvada, Colorado
2. Credit Union of Denver
Credit Union of Denver was established in Denver, Colorado, in 1931. It is also one of the best debt consolidation loan lenders in Colorado has 65,000 members, and provides Mortgage loans, Personal loans, Debt consolidation loans, Auto loans, etc. Now, the Credit Union of Denver’s headquarters is in Lakewood, Colorado.
This credit union provides small debt consolidation loans and up to $ 10,000 in loan amounts at a 30 % interest rate for a 30-year term. Interest rate and term time depend on the consolidation loan amount. It consolidates all your old debt payments into a single monthly payment at lower interest rates.
Headquarters: Lakewood, Colorado
3. New Era
New Era is a debt settlement company and it was established in Camarillo, California, in 1999. This company serves its debt consolidation or settlement in many areas through its online website or branches. You can directly apply for a debt consolidation loan through its online website.
A debt consolidation loan is a form of Debt relief and it consolidates multiple unsecured debts into a new loan. It reduces the interest rates not the principal amount of unsecured loans. If you have a high credit card score then you can qualify for a 0 % interest rate credit card but your old debt sum doesn’t exceed 40% of your total or gross earnings.
Headquarters: Camarillo, California
4. Credit Union of Colorado
Credit Union of Colorado was established in Denver, Colorado, in 1934, but the current headquarters is in Central Park, Colorado, and it is also known as Colorado State Employees Credit Union. It is one of the best debt consolidation loan lenders in Colorado that provides Auto loans, Small business loans, Home equity loans, etc.
Credit Union of Colorado is a not-for-profit organization that provides debt consolidation loans, and the loan amount is based on your old debt amount. This credit union offers consolidation loans at lower interest rates, and term time is sufficient to repay the credit union.
Headquarters: Central Park, Colorado
5. Colorado Credit Union
Johns Manville Credit Union, or Colorado Credit Union was founded in Littleton, Colorado, in 1973. This credit union has some other branches in Colorado that provide Debt consolidation loans, Commercial real estate loans, Business loans, Personal loans, etc. It is one of the best debt consolidation loan lenders in Colorado.
Debt consolidation loans consolidate all your old debts. This union provides up to a $ 1,000,000 loan amount at 36 % for a 30-year term time, you can choose a debt consolidation loan plan acc. to requirements, and interest rates and monthly payments depend on your consolidation plan.
Headquarters: Littleton, Colorado
6. Freedom Debt Relief
Freedom Debt Relief was started in San Mateo, California, in 2002, and provides Debt consolidation loans, Credit card loans, Personal loans, etc. This company provides or offers loan services in Colorado through its online website, and also servers in many states such as Idaho, Connecticut, etc. with the help of 1600+ employees who work across the country.
Colorado’s people use 3 credit cards approximately and have a $ 6,041 average monthly debt but do not have multiple income sources to pay these debts. So, people choose debt consolidation loans at lower interest rates for a term time. This loan helps you to get out of the debt soon. You have to pay only a single payment rather than multiple installments at the end of each month.
Headquarters: San Mateo, California
5280Lend.com has 25 years of experience in Mortgage loans, Debt consolidation loans, Jumbo loans, FHA loans, VA and USDA loans, etc. It was established in Denver, and its headquarters is in Englewood, Colorado. It is Denver’s most trusted home mortgage banker.
5280Lend.com debt consolidation loan has many benefits such as reduced monthly payments, lower interest rates, extended repayment time, consolidation of all types of debts that have high-interest rates, minimum credit card score, no orientation or prepayment fees, and good APR rates.
Headquarters: Englewood, Colorado
Debt.org is a Florida-based company and its headquarters is in Orlando. This company consolidates unsecured loans such as Personal loans, Credit card loans, Auto loans, Mortgage loans, etc., and takes collateral as a security for debt consolidation loans. If you have a bad credit card score then still eligible for consolidation loans.
This company provides a $ 1000 to $ 1,00,000 loan amount for a debt consolidation loan at lower interest rates. You should have a 740 maximum credit card score for low interest rates, if your credit card score is below 600 then the interest rate is high which goes up to 10 % to 12 %.
Headquarters: Orlando, Florida
9. First Federal Lakewood
First Federal Lakewood is the largest depositor-owner community bank, headquartered in Ohio. First Federal Lakewood has 85 years of experience and provides Home equity loans, Personal loans, Vehicle loans, and Auto and Debt consolidation loans.
It is one of the online debt consolidation loan lenders in Colorado that provides consolidation loan services through its online website. It offers up to a $ 1,00,000 loan amount for 12 months of term time, and the interest rate will be shorter than the existing interest rate. Credit card score and APR must be good for a debt consolidation loan.
Headquarters: Lakewood, Ohio
10. Spire Financial
Spire Financial is a division of V.I.P. Mortgage Inc. and provides Jumbo loans, FHA loans, VA loans, and refinancing these loans into Debt consolidation loans. Spire Financial has many branches in Arvada, Aurora, Boulder, Lakewood, Littleton, Denver, Englewood, and many more.
Debt consolidation loans give the option to transfer the other credit card balances into a new loan, and after that, you have to pay online single installments at the end of each month. These consolidation loans offer low-interest rates, and you have a fair or good credit card score for a debt consolidation loan.
Branch – Headquarters: Denver, Colorado
11. Space Age Credit Union
Space Age Credit Union was established in Aurora, Colorado, in 1952. It is also known as Air Force Finance Center Federal Credit, which provides Signature loans, Debt consolidation loans, Home equity loans, and many more. It is one of the best debt consolidation loan lenders in Colorado that offers minimum to minimum interest rates on consolidation loans.
If you have different debts from different loan lenders, companies, or credit unions then debt consolidation loans consolidate all debts into one single debt. Credit card score and APR must be fair and loan amount and term time will depend on the amount and time of your existing debts.
Headquarters: Aurora, Colorado
12. Oak View Law Group
In 2007, Oak View Law Group was started by Virendra Kalani, in California, and provides Debt consolidation loans, Payday loans, Credit card loans, Medical bill loans, Debt settlement or relief services, etc. OVLG provides these services through its online website and covers almost all the states of the USA.
If you choose a debt consolidation loan from OVLG then this company provides loans on your high credit card score. If you fail to repay the loan on time then you have to pay plenty of late fees because this company has a fixed term repayment plan policy. The loan amount and interest rate of debt consolidation loans depend on your existing debt.
Headquarters: Auburn, California
13. Brian Manning Cross Country Mortgage
Brian Manning Cross Country Mortgage is a branch of Cross Country Mortgage LLC. This company works in Boulder, Colorado, and provides loan services in Colorado counties. CCM refinances all the debts into one new debt and reduces the credit card interest rates on debt consolidation loans.
BM Cross Country Mortgage refinancing Student loans, Mortgage loans, Auto loans, etc. in Debt consolidation loans. Consolidation loans have many benefits such as low interest rates, small monthly payments, no obligation or prepayment, and fair credit card scores. The consolidation loan amount will depend on your old debt total amount and APR rates.
Headquarters: Boulder, Colorado
14. Social Financial
Social Financial was established by Standford Business School Students, in 2011. SoFi has 1 lakh members and provides all types of loans such as Mortgage loans, Student loans, Financing loans, Debt consolidation loans, Insurance loans, etc. in Denver, Colorado, and its counties through its online website.
It is the second-best debt consolidation loan lender for borrowers that offers consolidation loans at a 680 minimum credit card score. You can borrow up to $ 1,00,000 loan amount for 12 to 60 months of term time and your APR must be between 8.99 % to 25.81 %. The loan amount will be credited within two days after the document completion.
15. Front Range Mortgage
Front Range Mortgage was established 35 years ago in Denver, Colorado. This company provides services in Colorado only and has three branch offices in Colorado Springs, Denver, and Arvada. This company is locally owned and offers Jumbo loans, Debt consolidation loans, VA and FHA loans, Mortgage loans, etc.
This company checks your credit card score, employment, existing debt, and your equity in your home for a debt consolidation loan. Front Range Mortgage manages and reduces your previous high-interest rate to a low-interest rate. If you have proper documents and a good credit card score then a debt consolidation loan is approved in 5 minutes.
Headquarters: Denver, Colorado
16. Sooper Credit Union
Sooper Credit Union was founded by eight King Soopers employees in Arvada, Colorado, in 1951. This credit union has over 200 locations in Colorado and over 5600 locations in Nationwide. Also, Sooper Credit Union has main offices in Aurora, Colorado Springs, Grand Junction, and Lakewood, and 24/7 mobile banking is always available in Colorado.
Debt consolidation loans consolidate Personal loans, Vehicle loans, Home equity loans, etc. at good credit card scores and APR rates. It reduces monthly payments and provides up to $ 50,000 loan amount according to your credit card history and existing debts. This credit union does not charge any prepayment or orientation fee, extra or hidden charges.
Headquarters: Arvada, Colorado
17. American Debt Resources
American Debt Resources was established in Florida and has a branch in Boulder, Colorado. This company is one of the best debt consolidation loan lenders in Colorado that reduces high-interest rates to lower interest rates and provides services in Colorado counties through the Boulder branch or its website.
Debt consolidation loan amount will go up to $ 1,00,000, and if you have a good credit card score or APR rate then 30 % to 100 % finance charges reduce. Also, a 30 % to 60 % monthly payment is reduced, but if you fail to repay the loan amount on time then this company considers 25 % to 29 % late fees on monthly installments.
Branch – Headquarters: Boulder, Colorado
18. OneMain Financial
Alexander E. Duncan founded OneMain Financial in 1912, in Indiana. This company has a branch in Colorado Springs, Colorado that offers Auto loans, Debt consolidation loans, Personal loans, Credit and Emergency loans, etc. It consolidates small amounts of debt loans into new debt loans.
OneMain Financial provides up to $ 20,000 loan amount in debt consolidation loans. Also, this loan amount will depend on your living resident area. This company takes collateral as a security. If you do not pay back the consolidation loan amount to the company then the company will use collateral to recover their debt.
Branch – Headquarters: Colorado Springs, Colorado
Upstart is an AI online loan platform that was founded by Upstart Holding Inc. in 2012, in San Mateo, California. This company provides debt consolidation loans when you have a bad credit card score. Upstart AI platform checks your credit card history, documents, and existing debt amount.
Upstart provides loan services in Colorado by using an online website and offers $ 1000 to $ 50,000 loan amounts at lower interest rates for 3 to 5 years of term time. If you have a 300 credit card score and your APR is between 6.4 % to 35.99 % then Upstart transfer the debt consolidation loan amount to your account within two days.
Headquarters: San Mateo, California
20. Light Stream
Light Stream was established in 2012, in Atlanta, Georgia, and it is an online American personal loan lender company division of SunTrust. This company offers Debt consolidation loans, Personal loans, Medical loans, Credit card loans, Auto loans, etc. in Colorado through an online website.
If you have the best credit card score then it offers a $ 5,000 to $ 1,00,000 loan amount for 24 to 144 months of term time. APR rate of 7.49 % to 25.49 % is also required for debt consolidation loans. The company provides same-day funding with no orientation or prepayment plenty.
Headquarters: Atlanta, Georgia
Colorado is an expensive state in the USA so People use two or more credit cards and take multiple debts to fulfill the requirements. A debt consolidation loan is the best option to consolidate multiple debts into one single debt and reduce the high interest rates to low-interest rates. People pay $ 2,000 to $ 3,700 monthly as an installment of multiple debts but after taking a consolidation loan only a single installment will be paid at the end of each month which reduces stress also.