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A consolidation loan is a loan that lumps all your debt into one big loan often with a set interest rate. Some consider them a good thing while others do not.
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∙ 9y ago
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What are the qualifications for a debt consolidation loan?
For a debit consolidation loan, the person being granted the loan must not have a history of bad credit or loan repayment and must be in effort to reduce their debt.
Can I get a debt consolidation loan with bad credit?
I don't see why not. Here's a good article I found that will help you: http://www.lendingtree.com/debt-consolidation/advice/ I hope that helps.
How does the interest rate for a bad credit debt consolidation loan differ from a regular small bank loan?
The interest rate for a bad credit debt consolidation loan differs from a regular small bank loan because the interest rate for the bad credit debt consolidation loan would be higher. The rate would be higher due to the fact that the one receiving the loan would pose a risk because they have bad credit and obviously had not been good with payments or something in the past. The regular small bank loan would be for those who have good credit, so the interest rate would be normal or lower.
Where can someone get a debt consolidation loan if they have bad credit?
If you have bad credit, getting a debt consolidation loan from your bank or credit union might be difficult. Some people may not have good credit, but not quite poor credit. If you have no major debts but still have so so credit you might be eligible for a loan from your bank.
Where can one get a bad consolidation credit dept loan?
One can get a bad consolidation credit debt loan from companies such as Bleiman Finance and Spring Finance. One can also get it from First European Securities and Equifinance.
What are some sites that have good advice about loan consolidation for college students?
There are some great sites online that offer good advice about student loan consolidation. Wells Fargo, USA Student Loans, Finaid, and even Studentaid.ed.gov, all offer resources for loan consolidation for college students.
Where can one find federal college loan consolidation?
One can find Federal College Loan Consolidation at several facilities of the Federal College Loan Consolidation located at different outlets of Federal College Loan Consolidation.
Where can one look for information on consolidation loan with bad credit?
If you need help with bill consolidation, visit your bank, and talk with your local banker to find your options for your loans. Your banker has all the information you need to have a loan at your ready, even with bad/no credit.
Where can someone apply for a bad credit consolidation debt loan?
Your bank or building society would be a good place to try in the first instance, then try a few others if you have no success. There are specialist companies who can help you with a consolidation loan and more importantly a plan to make you debt free. Remember a consolidation loan is not there to give you extra money in hard times but to pay off your debt, making way for the better times.
How easy is it to get a debt consolidation loan?
I have learned there is really no such thing as a consolidation loan anymore. The banks and other loan agencies do not carry this particular loan anymore.
Where can one find good loan consolidation companies in New York?
One can find good loan consolidation companies in New York from: New York BBB - Better Business Bureau, Debt Consolidation Care, Credit Info Centre, Student Aid, US News, to name a few.
Where can consolidation loan rates be compared?
There are several places one can compare consolidation loan rates. These websites include Bank Rate, Loan Consolidation, Lending Club, FinAid, and Lending Tree.
