Consolidating debt hurt your credit
Updated November 2017 – Before entering into a loan agreement for debt consolidation (whether you have bad credit or good credit) you should be aware of the usury laws in your State.Know the law and protect yourself.,000, ,000, ,000 Bad Credit Loan for Debt Consolidation — Below is a loan application submitted by a FUSA user and the applicant was approved for his loan in 3 days time.
I needed a loan for around 45000 to sort out my finances, and I never got it. Anyway, this is your story, and the applicant’s story from below – he got approved based on income only.
His credit score certainly wasn’t good at the time of the application either.
And since debt consolidation is one option that many people with debt are curious about, today we’d like to tackle this question: How does debt consolidation work?
The purpose of debt consolidation is to allow people who are having trouble managing various debts to consolidate, or group, all their debts into one.
Another option is to use a credit card balance transfer offer to consolidate all your debt onto one credit card.