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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