For example, getting an education that will improve your earning potential; home improvements that will increase the value of your property; or consolidating your debts into a more
manageable loan with lower rates, are all good reasons to get into debt.
Not exact matches
Consolidate high - interest debt into a more
manageable loan with a single payment and
lower rates
Online lenders may also be more willing to work
with someone
with poor credit, offering them a personal
loan with lower interest
rates and a
manageable repayment schedule.
With federal loans, interest rates are lower than they have been in the past, and with private refinancing, you can drop your interest rates or your monthly payments to make the debt more managea
With federal
loans, interest
rates are
lower than they have been in the past, and
with private refinancing, you can drop your interest rates or your monthly payments to make the debt more managea
with private refinancing, you can drop your interest
rates or your monthly payments to make the debt more
manageable.
You could attempt to negotiate
with your creditors to
lower interest
rates, extend
loan terms (to catch up on late payments or make your payments more
manageable), or remove late fees.
Consolidating these debts
with a working capital
loan will allow a business to pay off these debts and convert them into one organized
loan with one - generally
lower and
manageable - interest
rate.
The terms may not be perfect, compared to
loans enjoyed by those
with excellent credit, but they can be acceptable,
with manageable repayment plans as well as a relatively
low interest
rate.