Debt
Consolidation Loan
A
Debt Consolidation Loan is a type of loan that allows the borrower
(home owner) to
payoff all or a
portion
of existing debt
(including the existing mortgage loan) from loan proceeds.
Debt
Consolidation is an excellent way to reduce your monthly
payments while satisfying all of your credit obligations without the
stigma of non-payment or bankruptcy. Debt consolidation loans
can reduce your monthly bills by up to 70% and do
away with all your existing credit cards, loans and other debts. In
replacement you will have one single lower monthly payment. Debt
consolidation loans carry lower rates than regular home loans, also
your interest may be tax deductible. Debt consolidation loans offer
home owners a better method of Home Financing that will pay off credit
cards and other loans. Get a debt consolidation loan and pay off
credit cards to permanently improve your financial situation. We can
provide you with free, multiple quotes from competing lenders.
Allowing you to compare rates and terms from various lenders and save.
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To
begin, indicate the type of loan you desire
as
well as the state in which you live.
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