is a consolidation loan a good way to get rid of h

is a consolidation loan a good way to get rid of high interest credit card debt?

2 Answers

It is a good way to get rid of high interest credit card debt. But is very difficult to get one. Most of the lenders refuse to give unsecured debt consolidation loans. They normally lend between $4000 and $5000.


Getting a consolidation loan is a tough job, you might not get one. Its better to directly negotiate with your creditor or use the services of a credit counseling company.


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