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Are there any loan consolidation companies for people with bad credit?

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Are there any loan consolidation companies for people with bad credit?

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Curtiss: If your credit score is low, it is probably going to be hard to qualify for a consolidation loan, unless someone was willing to co-sign for you on the loan… especially in the current credit market. Lenders that are willing to lend in situations where your credit is not good tend to be high-interest finance companies, and usually these types of loans can actually end up making things worse unless you have an overall plan for your budget. As Simon’s link indicated, an alternative is to speak with a credit counseling agency. You can find a list of non-profit agencies at www.nfcc.org. Or, if you would like a free consultation to review the options available in your situation, you can contact the company that I work for (GreenPath Debt Solutions) at 888.776.6735, or call the office that I work in directly at 414.282.8064. During an assessment, we would discuss multiple approaches that you could use to address your debts, including the pros & cons of the options available. GreenPa

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