Debt Consolidation Loans
Debt Consolidation Loans can be a good way to lower your payments if you can obtain a lower interest rate. The credit and income requirements to obtain a Consolidation Loan are steep and most people do not qualify. Simply having credit cards that are near their spending limit is often enough to be denied a Consolidation Loan. If your primary goal is to get out of debt as quickly as possible and for the least amount of money possible, Consolidations Loans may not be an option for you.