Does Citibank Offer Unsecured Debt Consolidation Loans?
This is question that a few people have been asking recently and the truth is most financial institutions offer unsecured loans, but the question should be do you want an unsecured loan or can you get an unsecured loan. Unsecured loans, sometimes referred to as signature loans, are available, but at what price? Most loans of any amount exceeding $1500 are secured with collateral, which is either your home and or possibly your car. There are two things you should know when it comes to unsecured loans. First, they require excellent credit and secondly, they normally come with a higher interest rate because the bank is taking a bigger risk by lender money without collateral backing. If you are trying to consolidate debt, your best option is probably not going to be a loan. You are just moving the debt around. In order to start seeing it decrease, you will have to reduce your expenses and/or increase your income. Debt consolidation loans have a lower interest rate than most credit cards, b
