Sentences with phrase «since getting a debt consolidation loan»
Certainly, the theory behind consolidation suggests everything will be rosy, and since getting a debt consolidation loan with bad credit is simple enough, there is no reason to worry when applying for one.
http://www.badcreditloanservices.com/ Not exact matches
Getting a lower interest rate on a debt consolidation loan might be simple if you've improved your credit score since you took out the original loans.
Since almost all debt consolidation loans don't require collateral, getting one can also be particularly beneficial if your current debt is secured to your home or your car and you no longer want it to be, or if you need to sell one of those assets.
If you want to lower the interest rate or change the term length on your student loans, you're better off getting a student debt refinance loan than getting a debt consolidation loan since those loans can often offer extra benefits like the ability to defer your loans.
The process for getting the best debt consolidation loans can be relatively easy since you can now apply for them online with a quick application.
Since debt consolidation loans have terms ranging from 24 - 72 months, they could help you get out of debt in less time than it takes to make minimum payments.