Customized financing to consolidate high-interest debt or fund major purchases or expenses.
WAYS TO USE YOUR LOAN
Tailored commercial financing that supports all your business needs to help you grow quickly.
Tailored for entrepreneurs that want to establish additional active and passive income streams.
Customized financing to consolidate high-interest debt or fund major purchases or expenses.
Personal Loan for Debt Consolidation
Manage high-interest debt with a debt consolidation loan
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Large loan amounts: Up to $250K1
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Fixed affordable payments: Terms up to 10 years1,2
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Fast funding: In as few as 5 days3
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Concierge service: U.S.-based loan specialists for every application
How much are you looking to finance?
No application fees, commitment, or impact on personal credit to check your rate.
Image is an example only and does not reflect actual customer information.
Personal Loan Average
Customer Stats
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Annual personal
income $241K
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No prior bankruptcy
or collections
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FICO 744
Seamless Experience
Financial self-care means paying off high-interest debt
Paying off debt can be challenging—we can make it easier. We provide flexible debt consolidation loans with minimal paperwork and no personal collateral requirements.
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|
|
Balance transfer credit card |
|---|---|---|
|
Balance transfer fee |
N/A |
Up to 5% of transfer amount |
|
Amount |
Up to $250,0001 |
May be capped to 75% of total credit limit |
|
Rate changes |
Fixed rate |
Rate will likely go up after intro period expires |
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Type of debt transferrable |
Applicable to all unsecured high-interest debt |
Only applicable to credit card debt with some issuers |
SOURCE: Bankrate, Investopedia, Accessed on 3/14/25
Advertised rates are subject to change without notice.
Monthly payment is a representative example and for illustrative purposes only.
*BHG monthly payment based on APR of 14.63% as of 12/10/24 and includes an origination fee. Your actual loan size, loan term, and monthly payment amount may vary based on your individual credit profile and other information provided in your loan application.
Terms subject to credit approval.
Your finances—simplified
Consolidate multiple debts into a new loan with better terms, including a fixed rate, a flexible repayment period1, and one low monthly payment.
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Instant offers: If approved, see personalized loan offers in seconds 3
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Debt payoff: Eliminate high-interest credit card debt
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Low payments: Reduce the cost of debt and boost your budget with up to 10 year repayment terms 1,2
A HASSLE-FREE PROCESS
How our debt consolidation personal loans work
As a busy professional or business owner, your time is valuable. At BHG Financial, we’ve streamlined the application process to get you funded fast3 so that you can get back to business.
01
Start an application
Unlike other lenders, we won't ask for unnecessary paperwork. It’s easy and there’s no impact to your credit score to apply.4
02
Get a funding decision
Approval can take as little as 24 hours.3 A dedicated finance manager will review your application and qualifications, tailoring a loan solution for your financing needs.
03
Receive funds fast
If approved, you will receive your funds in one lump sum in as few as 5 days.3
20+ years
Lending experience
A+ Rating
Better Business Bureau
$23 Billion+
Loans funded
CUSTOMER TESTIMONIALS
Why professionals choose us
“BHG catered to my small business needs. The process was easy, and the team was highly responsive. ”
Eric C., BHG Customer
January 2025
“BHG consolidated my personal debt under one monthly payment. I wish I would’ve applied sooner!”
Imeldo A, BHG Customer
October 2024
“I’ve had experience with many lenders, and BHG stood out for their exceptionally organized and expeditious process. ”
Garrett H., BHG Customer
January 2025
“BHG provides tailored financing for small business owners, prioritizing time, integrity, and results.”
Michele C., BHG Customer
December 2024
LEARN MORE
Debt Consolidation Personal Loan FAQs
Yes, you can get a personal loan to consolidate debt. We offer Debt Consolidation Loans with affordable monthly payments.
Debt consolidation is the process of combining multiple debts into one new loan. This new loan and its APR replace the original debts. Our debt consolidation loans give borrowers peace of mind by providing one affordable monthly payment that’s easy to manage.
Many lenders require a certain credit score for applicants to be approved for funding. This minimum score is based on the specific lender.
At BHG Financial, we look at multiple attributes in addition to your credit score to understand your situation and work with you to find the right financial solution for your needs.
Debt consolidation through a personal loan can simplify your debt into a single fixed monthly payment. This can be beneficial if the interest rate(s) of your previous debt was high and/or variable.
Personal debt consolidation loans may impact your personal credit during the initial credit inquiry that the lender performs following your application or before funding. In any case, if you keep up with your monthly payments, you could build up your credit over time.
At BHG Financial, your credit score will not be impacted during the application process.4
Typically, debt consolidation loans will stay on your credit report for seven years. As long as the account is reported to the credit bureaus, it will remain on your report.
At BHG Financial, we only perform a soft pull of your credit when you apply, so your score will remain intact.4
See real offers fast
There is no cost, commitment, or impact on personal credit to view your loan offer.4
Not all solutions, loan amounts, rates or terms are available in all states.
1Terms subject to credit approval upon completion of an application. Loan sizes, interest rates, and loan terms vary based on the applicant's credit profile.
2Personal Loan Repayment Example: A $59,755 personal loan with a 7-year term and an APR of 17.2% would require 84 monthly payments of $1,228.
Annual percentage rates (APRs) for BHG Financial personal loans range from 8.72% to 27.87%, with terms from 3 to 10 years.
3This is not a guaranteed offer of credit and is subject to credit approval.
4There is no impact on your credit for applying. For personal loans, a complete credit history, which will appear as an inquiry on your credit report, will be performed upon acceptance and funding of the loan and may impact your credit.
Consumer loans funded by Pinnacle Bank, a Tennessee bank, or County Bank. Equal Housing Lenders. 
Testimonial(s) based on unique customer experience. Individual customer experiences may vary.
For California Residents: BHG Financial loans made or arranged pursuant to a California Financing Law license - Number 603G493.
IMPORTANT INFORMATION ABOUT ESTABLISHING A NEW CUSTOMER RELATIONSHIP
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies every customer. What this means for you: When you apply for a loan, we will ask for your name, address, date of birth, social security number and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents. If all required documentation is not provided, we may be unable to establish a customer relationship with you.