Debt Consolidation Loan Financing Made Easy
Finding the right secured or unsecured debt consolidation loan and lender can be a tricky proposition at any time, but is even more so in today’s recovering economy. Let's face it, some lenders just simply aren't lending, and those that are, in many cases will only consider those with good to excellent credit. This means if you have bad credit, debt consolidation loan financing can be even more of a headache.
The good news, is that we've taken upon ourselves to streamlined the entire search and find process by allowing you to connect directly with the banks, credit unions and other loan providers across the country that not only offer, but specialize in business and personal debt consolidation loans for all credit types, this includes bad credit. Debt consolidation doesn't need to be a struggle, especially when Life House Financial is here and offers its matching service for free.
The personal and business debt consolidation lenders in our network offer debt relief programs with fixed interest rates for good and poor credit. This means we can help you find the financing option that best fits your budget in just a matter or minutes. Our decision process is quick, and money can be available for use within just a few days. To find out the rate and term you may qualify for, get started today using the big orange button above. We'll help you compare the best debt consolidation loan options available to ensure you receive the best terms and lowest rates possible.
Business and Personal Debt Consolidation Loans
When looking for a business or personal debt consolidation loan, it is important you realize that many lenders do not specialize in this type of financing. This can make trying to obtain a consolidation loan very frustrating. Even worse, there are some companies that will unfortunately try to switch, sell or push you into a debt management or settlement program, even if it’s not the best solution for your situation. The good news is that at Life House Financial, you will never have to worry about this happening to you.
As a company standard, Life House Financial will always give you the pros and cons of all options so you can decide what’s best. Although we do feel an unsecured loan is the best solution when trying to combine your debts into one predictable monthly payment, we understand that some people may prefer other options that can have a lower interest rate or monthly payment.
How We Help You Choose The Best Debt Consolidation Option
When looking for consolidation financing, there are 2 basic choices you have to consider whether you need business or personal debt consolidation. These two options are unsecured and a secured financing.
- Unsecured debt consolidation loans are a financing option that does not require collateral for approval. This type of financing is offered based on a borrower's past credit history and ability to pay back the loan. To qualify for this type of financing, good to excellent credit is normally required.
- Secured debt consolidation loans require an asset to be put up as collateral. This collateral could be a home, car or anything else of significant value. Secured financing offers the lowest rates and longest payback terms. This is also a good option for those looking for a bad credit debt consolidation loan option.
To determine which loan options are best for your needs, you'll need to first understand your current credit situation. Approaching the wrong lender or applying for the wrong loan type can hurt your situation. Each time you apply for a loan, an inquiry will be placed on your credit report. These inquiries can lower your score and make you look high risk to potential lenders. This is why only applying to those debt consolidation lenders that match your situation is key.
If you don't know your scores from the 3 major credit-reporting agencies TransUnion, Equifax and Experian, you can access them by clicking here
Rates & Terms
The personal loan providers in our network offer unsecured loans from $1,000 to $100,000 with repayment terms ranging from 12 to 84 months, and feature rates between 1.9% APR* up to 35.96% APR*
As an example: A $16,000 36-month loan featuring an interest rate of 10.74% APR, would have a monthly payment of $521.85, and a total loan cost of $18,786.60 Provided below are some additional examples of the repayment terms for a variety of hypothetical loans. The term, rate, and loan amount you qualify for will depend on your credit history, personal financial situation, State of residency, and ability to payback the loan.
How We're Different Than Other Debt Consolidation Companies
If you are interested in consolidating your debt into one easy to make monthly payment, it is our core belief that you should not pursue any solution until you have considered all your options. By knowing your options, you will be able to compare and choose which program is best for you and your monthly budget. If there is one thing we understand, it is that you are the only one that can determine which debt consolidation solution is best.
Why get pressured by other companies if you don’t have to, Life House Financial’s services are always free and without obligation. Submit your information by using the big orange button below, and we’ll have one of our experts call to discuss the debt consolidation loans and other programs you have to consider. Our expertly trained loan and credit representatives are standing by, Monday through Saturday, ready to discuss all loan options you have to consider at no cost or obligation whatsoever. Give us a call today at 1-888-952-7280, or submit your information online through our safe and secure online form now!