Debt Consolidation Texas

Getting a debt consolidation loan in Texas 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 Texas Resident in?

In Texas, the average household credit card debt is $6999. The average credit score is 680.

In 2019, the average household debt in Texas is $45,290. Between 2006 and 2018, the average student debt amount in Texas increased by over $9,000. Between 2006 and 2019, the average student debt amount increased by only $1,400 nationally.

Since 2003, the average credit card debt in Texas has climbed by about 11%. In the United States, the average credit card debt climbed by 14.53 percent.

Best Debt Consolidation Loans in Texas


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

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

SoFi is a debt consolidator for Texans, APR 4.99-19.63%. The term is 1-5 years with a maximum of $50,000.

PenFed offers debt consolidation loans for Texans. 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 Texans 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 Ohio here.