Debt Consolidation Tennessee

Consolidating debt in Tennessee can be a great way to lower your bills and make paying all your credit cards and other debts cheaper and easier.

How Much Debt is the Average Tennessee Resident in?

Tennessee has the 24th lowest average credit card debt ($8,188), but the tenth lowest yearly household income ($52,375). Using the suggested 15 percent of earnings to pay off debt, the report estimates that it would take 15 months for Tennesseans to pay it off, costing $1,140 in interest.

Best Debt Consolidation Loans in Tennessee


Upgrade is a debt consolidation lender for those in Tennessee, APR is 5.94-35.97%. The term is 3-5 years and a max of $50,000.

Lightstream is a debt consolidation lender which has an APR of 4.98% with a loan term of 2-7 years. Their max loan size is $100,000.

Best Egg is a debt consolidator for Tennessee, APR is 5.99% for 3-5 years. The max loan is $50,000.

SoFi is a debt consolidator for Tennessee, APR 4.99-19.63%. The term is 1-5 years with a maximum of $100,000.

PenFed offers debt consolidation loans in Tennessee. The APR is from 5.99 – 17.99% for 1-5 years with a maximum of $50,000.

PayOff‘s loans offer an APR of 5.99% for a 2-5 year term. The maximum loan is $35,000.

Marcus offers AZ debt consolidation loans for APR 6.99-19.99% for 3-6 years. Loans max out at $40,000.

Avant is a debt consolidator than has an APR of 9.95 – 35.99% for 2-5 years. The maximum loan amount is $35,000.

LendingClub‘s debt consolidation loans have an APR 7-35%. The loan term is 3-5 years and the max you can borrow is $40,000.

Freedom Debt Relief also offers debt consolidation across the country but they don’t publicize their rates.

Check out a full list of debt consolidation lenders for Tennessee here.