Not exact matches
Qualifying
for a
debt consolidation loan online with no
collateral is more difficult when you have a bad credit history.
Bad credit borrowers are more likely to qualify
for a
debt consolidation loan using a home as
collateral.
Unsecured personal
loans for debt consolidation do not require
collateral for low credit score prospects.
For example,
debt consolidation or other large short - term
loans may have high hidden costs and may require your home as
collateral.
An unsecured
loan, as the name suggests, does not require
collateral against the
loan and can be used
for any reason you may have in mind — that much - awaited vacation or a medical emergency or even
debt consolidation.
Unsecured
loans for debt consolidation are
loans that do not need
collateral and are aimed to help you: avoid bankruptcy, end creditors» calls, lower
debt payments, make one low monthly installment, and eliminate
debts.
Since you have no equity, you can would be unable to use your home as
collateral for consolidating credit card
debt with a
debt consolidation loan or mortgage refinancing.
An unsecured
debt consolidation loan is a
loan that you take to consolidate your multiple
debts into one
loan but do not offer any
collateral for the
loan.