Debt consolidation loans are a helpful tool for people who are struggling to make their debt payments. It can lower their monthly debt costs and eliminate the need for people to juggle different repayment schedules with multiple lenders. But there aren’t that many viable debt consolidation loans for bad credit. Most lenders are less willing …
What Are The Best Debt Consolidation Loans For Bad Credit? Read More »
It’s stressful having debt in collections. The debt collector is probably calling you, and you may be threatened with a trip to court, or wage garnishment. You need a solution fast, but what are your options? Debt consolidation may be your best bet. Debt consolidation is the process of combining multiple debts into a single …
7 Strategies to Pay Off Debt That is Already in Collections Read More »
Personal loans have been rising in the U.S. over the past decade. According to TransUnion, the total outstanding personal loan debt in the United States is $143 billion. What’s the reason for the sudden increase? Debt consolidation. According to one recent study, 39.7% of loan applicants with high credit scores used their personal loans to …
Pros and Cons of Debt Consolidation: Is It Worth the Effort? Read More »
Millions of Americans carry balances on several credit cards, juggling payments and watching interest spiral out of control. That’s a problem. Consolidating your credit cards may be the solution. But does it make sense for your financial situation? That will depend on how much you owe, your income, your credit score, your commitment to paying …
8 Effective Ways to Consolidate Credit Card Debt Read More »
Credit card refinancing or debt consolidation may be good options if you have a lot of debt and need help paying it off. Both options can make it easier to manage your monthly payments and, ultimately, end up debt-free. Done right, credit card refinancing or debt consolidation may also result in you paying less money …
Credit Card Refinancing vs. Debt Consolidation: Pros, Cons and Which Is Best For You Read More »
Many people with poor or fair credit struggle with unsecured debts like credit cards and short-term loans. Even those with a better credit score often have difficulty keeping up with payments. Fortunately, if you’re looking for debt consolidation for fair credit, there are quite a few reputable online lenders. 14 Best Debt Consolidation Options Even …
Here are the 14 Best Debt Consolidation Options for Fair Credit Read More »
Indiana has one of the lowest debt burdens in the country, but that doesn’t mean people don’t struggle financially. Many residents owe some kind of consumer debt, ranging from auto loans, mortgages, and payday loans to student loans and medical bills. If you’re looking for debt relief in Indiana, there are many debt relief and …
Indiana Debt Relief: How to Get Help + Best Debt Consolidation Companies Read More »
Around 80% of adult American consumers have some type of debt. Whether it’s from a mortgage, credit card debt, auto loans, student loans, medical bills or payday loans, the bills can start to pile up, leading to late payments and defaults that crush your credit score. A debt consolidation loan can combine current debts into …
Got Bad Credit? 10 Great Debt Consolidation Loan Options Read More »
Debt consolidation rolls all of your loans into a single, more manageable plan — but it’s not a silver bullet. Here is everything you need to know to determine if consolidating your debts is your best option. Disclaimer: Credit Summit may be affiliated with some of the companies mentioned in this article. Credit Summit may …
Debt Consolidation: Here are the 12 Best Lenders & Companies Read More »
Are you struggling to keep up with two or more monthly debt payments? If so, then debt consolidation might be the right form of debt relief for you. But before you commit, you probably want to know: “How does debt consolidation work? When does it make sense?” In the simplest of terms, it can replace …
