Loan options
Credit card consolidation at Fast Loan Advance
A neutral summary of the credit card consolidation information published on the official Fast Loan Advance website. Fast Loan Advance is a service that connects borrowers with lenders, not the lender.
Overview
What credit card consolidation is
Credit card consolidation combines high-interest credit card balances into one fixed loan with a single monthly payment. Requests range from $500 to $35,000.
Benefits listed on the official website
- One fixed monthly payment
- Fewer due dates to manage
- Potentially lower interest rate than high-interest cards
- Predictable payments
- A clear payoff date
- A clearer path to becoming debt-free
Process
How the request process works
Submit your request
The process starts by answering a few questions about your financial goals and current situation.
Review your options
The official website states that borrowers are connected with debt consolidation options matched to their needs.
Consolidate and move forward
The official website explains that once approved, the new loan pays off current debts, leaving one payment to manage.
Approval, loan terms, rates, and funding depend on the lender and the borrower's circumstances. Nothing on this page is a guarantee of approval, amount, rate, or funding time.
Why Fast Loan Advance
Points highlighted on the official website
The claims below come from the official Fast Loan Advance website and are reproduced here as stated, without independent verification.
One predictable payment
Debt consolidation combines multiple debts into a single monthly payment, potentially at a lower rate than high-interest credit cards.
Secure and fully online
The process is online and encrypted, and checking rates does not affect the borrower's credit score, according to the official website.
Usage reported by Fast Loan Advance
The official website states that it is used by millions of people. This claim is attributed to the official website and has not been independently verified here.
Representative example
Example costs published on the official website
This representative example is reproduced from the official Fast Loan Advance credit card consolidation page. It is an illustration only and does not reflect any specific offer.
| Loan amount | $1,000 | $2,000 | $5,000 | $10,000 |
|---|---|---|---|---|
| Interest rate (APR) | 24% | 19% | 13% | 8% |
| Loan term | 12 months | 24 months | 48 months | 60 months |
| Other fees/costs (%) | 5% | 5% | 5% | 5% |
| Other fees/costs ($) | $50 | $100 | $250 | $500 |
| Monthly payment | $99.29 | $105.86 | $140.84 | $212.90 |
| Number of payments | 12 | 24 | 48 | 60 |
| Total payment | $1,191.48 | $2,540.64 | $6,760.32 | $12,774.00 |
APR ranges from 5.99% up to 35.99% for qualified customers, with a 91-day minimum up to a 72-month maximum repayment period.
Considerations
Before accepting any offer
Review the full cost
Check the APR, fees, repayment schedule, total repayment amount, and due dates in the lender's agreement, and compare the new rate with what you currently pay on your cards.
The lender decides
Fast Loan Advance is a service that connects borrowers with lenders. Rates, terms, and approval decisions come from the lender.
Confirm details directly
Information on this page summarises the official website and can change. Confirm current details on the official source before deciding.
FAQ
Credit card consolidation questions
Source: official Fast Loan Advance credit card consolidation page. More questions are answered on the FAQ page.
Official resource
Explore Fast Loan Advance
Visit the official website for current service details, request information, and lender-connection resources.