 TITLE: How to Get Out of Debt - Experian CONTENT: What if You Still Need Help?\n----------------------------\nSometimes debt is just too much and you may fear you'll never be able to repay everything you owe. You do have some last resort options, such as getting a debt management plan or declaring bankruptcy.\nDeclaring bankruptcy is one of the most harmful circumstances for your credit, and it should only be a last resort. Depending on the type of bankruptcy you declare, the negative information will remain on your credit report for seven to 10 years. You may either have all your debts eliminated or have to agree to a plan to repay at least part of your debt.\nIf your debt management plan isn't working and you're thinking about declaring bankruptcy, you might first consider getting a debt consolidation loan to help streamline your payments and lower your interest rates. Check out these Experian partner loans offering debt consolidation loans with competitive annual percentage rates (APRs).\n### Prosper\n[](;site=exp&placement=ae-single-embed&sessionid=7A1270B6-72F3-3402-82EB-0B394FE33A55&pageid=blogs:ask-experian:credit-education:how-to-get-out-of-debt&previouspageid=&ecsstaticid=A2C32774-7BC6-4F8A-EBC7-87C68D58DD27)[Apply](;site=exp&placement=ae-single-embed&sessionid=7A1270B6-72F3-3402-82EB-0B394FE33A55&pageid=blogs:ask-experian:credit-education:how-to-get-out-of-debt&previouspageid=&ecsstaticid=A2C32774-7BC6-4F8A-EBC7-87C68D58DD27)\non Prosper's website\n**Recommended FICO® Score\\***\nGood - Exceptional\nAmount\nAvailable loan amounts: $2,000 to $40,000\nEst. monthly payment: $61 to $1,720\nGrace period: 0 days\nApplication fee: $0\n##### Loan Details\n*   640 minimum FICO® Score\n*   More than $16 billion loans funded\n*   Consolidate debt, finance a home improvement project, or pay off medical expenses\n*   9 out of 10 customers would recommend Prosper to friends or family\\*\\*\n*   Co-borrower option available. Applying with a co-borrower could help improve your rates.\n*   Get your money in as few as 3 days - your monthly payment stays the same\nDisclosure\nProsper accepts applicants with a FICO® Score☉ of 640 or above and offers fixed interest rates ranging from 7.95% to 35.99%, depending on your creditworthiness. If you qualify for a loan with low interest, you could borrow up to $40,000 and use it to consolidate your current balances, streamlining your payments and saving you money on interest. Prosper has a simple online application process and allows you to find out your interest rate without your credit scores being affected.\nOnce you've reduced or even eliminated your debt, you can begin rebuilding your credit by practicing good credit and financial management. Pay all your bills on time, and avoid carrying credit card balances from month to month. To keep track of your credit going forward, you can check your credit reports and scores for free with Experian or enroll in ongoing credit monitoring. END