Consolidating debt in
Before you apply, we encourage you to carefully consider whether consolidating your existing debt is the right choice for you.
Consolidating multiple debts means you’ll have a single monthly payment, but it may not reduce or pay your debt off sooner.
It can help lower your monthly payments and get you out of debt faster so you can be in the driver’s seat of your own finances.
With so many ways to consolidate, there’s bound to be a solution for your unique situation. Debt consolidation is the process of combining your debts into one loan with a lower interest rate.
Any disadvantages are usually specific to the particular method you use for consolidating – more on that below.
Debt consolidation is good for those people who are unable to pay off credit card debts, personal loans, payday loans, private student loans and medical bills due to costly financial mistakes.
This debt relief option is good for those who want to pay off unpaid debts, manage multiple bills efficiently, pay less on interest rates and save money. This is where the experienced counselors of a debt relief company help you organize an easy and budget-friendly single monthly payment plan.
Your Annual Percentage Rate (APR) will be based on the specific characteristics of your credit application including, but not limited to, evaluation of credit history and amount of credit requested.
Your actual APR will be determined when a credit decision is made and may be higher than the rates shown.