Anybody know where to get a consolidation loan if your credit score is low?
I have a good credit history, but my credit cards are maxed out and its effecting my score big time. I want to get a consolidation loan to combine my debt around 5000, not too much. Any info would be helpful.
Prosper dot com or your bank.
Try a home equity loan
any loan officer can help you with that.
email me I would love to help you
You don’t need a consolidation loan. If you get one, you will think you have this problem all fixed. You should cut up your credit cards, then take your smallest bill and pay that, pay the next one off too if you have enough money after sending the rest a minimum payment. Get a part-time job on the weekends if necessary to get this cleaned up. You are wasting so much good hard earned money on interest charges. You could be enjoying yourself on a nice vacation with what you are spending for interest every year. Start attacking those bills today. You will be so proud of yourself.
List them all from smallest to largest. Get going.
This site has some helpful information about bad credit loans. Good luck! http://loan.divinfo.com/
A debt consolidation loan or debt loan is a method to repay all debts incurred by overuse of credit cards, overdrafts, personal loans, store cards, or any other unpaid bill and allows you to make a single monthly payment. It is a viable alternative to bankruptcy and is an excellent method of bettering your payment history, leading you to a debt free future. The reason to choose the debt consolidation loan is pay lower rate of interest. Paying only one creditor is much more convenient. You can pay your creditors on time and prevent them from threatening you.