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Many companies that offer consolidation loans offer them specifically for individuals with bad credit. Some of the more popular include Care One Credit and Freedom Debt Relief.

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Q: Where can someone get a consolidation loan if they have bad credit?
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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.


Where can someone get a debt consolidation loan with bad credit?

There are several companies that offer debt consolidation loans for customers who have low credit scores. Some of these companies are LendingTree, LendersMark, and Rapid Loans Direct.


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.


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.

Related questions

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.


Where can someone get a debt consolidation loan with bad credit?

There are several companies that offer debt consolidation loans for customers who have low credit scores. Some of these companies are LendingTree, LendersMark, and Rapid Loans Direct.


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.


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 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.


What are two companies that will offer a personal loan to someone with bad credit?

Two companies that will offer a personal loan to someone with bad credit are United Lending Services and Cash Loan City. It is easier for someone with bad credit to get a personal loan from Credit Unions than from banks.


What type of unsecured consolidation debt loan is available to someone with bad credit?

The type of loan available to those with bad credit will differ depending on if you can find an available cosigner as well as past standing with the bank you're trying to get a loan from. You can find a list of some of the better rates available online at websites like Prosper.


Can one use debt consolidation to receive a loan if one has a bad credit score?

There are some financial institutions that will loan money to those with a bad credit score for debt consolidation. To get the best rates and have the best chance of success, it would be best to put something valuable up for collateral.


What is the best way to get a consolidation loan if you have bad credit?

In the US, you can consolidate your loans even with bad credit if they are Federally Guaranteed student loans, like Stafford loans. If you want help with the consolidation of your student loans, click on the link below.


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.


Where can one learn about bad credit loan consolidation?

There are many different companies and websites you can go to but the best way to learn about it is to go to your local bank and talk face to face with someone.