If you’re getting serious about paying off your debt, the first thing you probably did was sit down and make a spreadsheet listing all your loans (some people have a couple dozen!) along with their interest rates.If you have a lot of loans, your interest rates are high, or if the total dollar amount is large, it can make a lot of sense to consolidate at a lower interest rate. is one of the better-known non-bank, non-federal companies that provides this service. They also offer personal loans that are unrelated to their core student loan business.Earnest is an especially good option for those with high incomes or high anticipated incomes but who have a limited credit history. They offer solid rates and a variety of repayment options, and look beyond your credit score when deciding creditworthiness, but do not accept cosigners.This is why we include Earnest on our list of the . Also, we highly recommend that you always shop around for a personal loan. There are a lot of lenders and options, and quickly comparing them can be difficult. Check out Credible to quickly compare your loan options in minutes.
Earnest personal loans are a pretty straight forward product. They don’t charge any origination fees or “anything-else” fees. They have competitive rates and fees.This is very similar to the student loan refinancing product. Check out our Earnest student loan refinancing review here and learn more.
While you should compare terms offered across a variety of lenders,is generally a solid choice.It is especially so for those that like its flexible loan terms, might be able to take advantage of early repayment options, and are willing to trade better potential loan terms in exchange for Earnest taking a good long look at your bank accounts’ history.