Where can one apply for a consolidation loan with bad credit.?
A family member is desperate and need to apply for a consolidation loan, but have very bad credit. Can someone suggest loan companies that work with bad credit?
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I did some research on the web to see if there were any unbiased ratings, comparisons or reviews on debt consolidators a.k.a.consumer credit counselors. I did find one here: http://www.lendersrated.com/index.htm...
I hope this helps.
Leafgreen
You can use lendingtree.com. They are really good. Does that person have any military service time in? Let me know cause if they do then there is someone that they can use and they will automatically get it.
read tips and articles on debt/credit that will help you more on this site
Just give me a call and we can see what I can do for you.
Evolution Funding, Inc.
904-443-2688
If the person owns a home, look into a home equity loan. Before consolidating, be sure they are on a budget and are not going further in debt. The worst thing they can do is consolidate and then run up more debt.
Ask them to read the following articles first:
Ways to Consolidate Debt
http://www.debt-explained.com/category/Ways-to-Consolidate-Debt.html
Structured Settlements Guide
http://www.debt-explained.com/category/Structured-Settlements-Guide.html
Get out of the debt trap…
There is one article in my resource box talk about how to consolidation your debt even with bad credit. Hopefully it helps. Good luck!