When credit cards charge high-interest rates, it can be hard to pay off your balances.
A personal loan from Marcus by Goldman Sachs® can help you get out of the high-interest cycle by consolidating all of your credit card debt into a single loan with one lower fixed rate.
Our personal loans are designed around you, with a fixed rate as low as 6.99% APR and a monthly payment that works for you. Rates range from 6.99% to 23.99% APR. Only the most creditworthy applicants qualify for the lowest rates. Rates will be higher for longer-term loans. Learn more.
Rates on credit card consolidation loans.
A personal loan from Marcus could have a lower interest rate than your high-interest credit cards, and a lower rate means you can save on interest costs and pay off higher-interest debt faster. You should know that you will lose any special rights or benefits that you have or could obtain on existing credit card balances. These could include state or federal rights or benefits (such as under the Servicemembers Civil Relief Act). Monthly payment requirements on your credit card balances and our loan may vary. Learn more.
Simplify your payments.
Using a personal loan from Marcus to pay off multiple credit cards can help simplify your bills. You can select a loan amount and desired monthly payment, and we provide you with tailored loan options. Then, you select the option that fits your budget and your schedule.
Once you’re approved, just e-sign your loan documents and provide a bank account to receive your funds. Then you can customize your payment schedule by changing your due date to one that’s right for you.
No fees. Ever.
We never charge fees. Ever. That means when you take out a loan with us, the only thing you ever pay is your principal and interest.
With good credit, you may be able to get out of debt faster with a personal loan from Marcus. Select a loan amount equal to the total amount of your high-interest credit card debt and your desired monthly payment, and we will provide you with tailored loan options. Then you select the option that works for your budget and schedule and, if approved, use the proceeds to pay off your high-interest credit card balances.