Debt Consolidation Magic

2 Responses to “Can I get a debt consolidation loan with bad credit?”

1. 

   millenium_ryan says:

   March 31st, 2009 at 11:40 pm

   You probably could however the interest rate may be high. I would start with your own bank as they know you the best. I work as a customer service agent with GMAC where I deal with people asking about refinancing all the time and I refer them to their own bank or credit union. They might be able to work out a deal because you have a “professional/personal” relationship with them.
2. 

   Glen G says:

   April 2nd, 2009 at 11:26 am

   Practically any type of loan can be wrapped into the debt consolidation process. Common types include finance charges, late fees and overdraft charges, credit cards, personal loans, utility bills, medical bills, car loans, store cards, gas cards and back taxes. A debt consolidation loanold loans are replaced with a new one that has more favorable terms. Your loan consultant will negotiate with creditors on your behalf, so you’ll no longer have to deal with harassing phone calls and daily mail.

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