Debt consolidation companies offer solutions to combine multiple debts–such as credit card bills, home loans or other loans–into one easy-to-manage monthly payment. Offers free online financial education webinars and three debt solutions, including debt consolidation. They help people facing financial hardships, including people facing bankruptcy. Debt consolidation programs and loans take 12-60 months depending on affordability, and no fees are required until debts are settled.
This debt relief solution may be helpful for consumers with many outstanding debts, especially if they have debts with high interest rates. Debt can be resolved in 24-48 months, and fees range from 15-25%. Specialized credit counseling available for military families. This debt settlement company helps clients eliminate debt in as little as 24-36 months. Average monthly fee is about , and no fee is charged until debts are settled. Flat 18% fee based on amount of debt owed at time of enrollment.
Country Wide Debt Relief has several options for debt relief, including debt settlement, debt consolidation and consumer credit counseling services.
Average debt reduction is around 47% with debts settled in three years or less depending on the pace at which the program is funded.
Given that your poor credit score might be caused due to something accidental and unexpected, like misreported bank finance charge, your first logical step should be to review your credit report and fix whatever is possible as this can really help in broadening your options for personal loans in the future..
There are agencies which can help in repairing your credit score quite successfully and you should consider these as your first option when thinking of a personal loan with having bad credit.
In order to determine whether you can qualify for bad credit loans, it's first necessary to fill out an application.
If you're one of the many struggling to keep up with credit card debt, car loans, or other consumer debt, it may be best to consider the help of a debt consolidation company.
Online debt consolidation companies have made the process even easier than before, and can help individuals secure simpler monthly payments along with lower interest rates on their debt.
Another advantage is that it does not require a formal closing.
The application process consists of a written application, a promissory note, and a payment schedule.