This guide to debt consolidation loans explains how to borrow and choose the right loan.

PenFed Credit Union The credit union offers personal loans in all 50 states, Guam, Puerto Rico, and Okinawa, Japan.

Alliant Credit Union Alliant Credit Union makes $1,000 to $50,000 same-day online personal loans. Chicago's $14 billion, 600,000-member credit union was founded in 1935.

SoFi SoFi offers borrowers with good to excellent credit personal loans up to $100,000. The 2011-founded national lender offers no-fee loans.

LightStream Online personal loans from LightStream range from $5,000 to $100,000. Good-to-excellent credit borrowers can get personal loans.

Discover Discover is a digital bank and credit card provider. Discover also offers fixed-rate personal loans up to $35,000 nationwide.

Happy Money Payoff offers debt consolidation loans. It lends up to $40,000 in all but two states. Payoff isn't a bank and works with lending partners.

Upstart Upstart is an AI-powered lending platform. Upstart, founded in 2012 by former Google employees, uses AI to reduce bank partners' lending risks and costs.