Got a lousy credit score and a lot of debt and want to fix it with a debt consolidation loan?
Options for these bad credit loans, which merge multiple debts into one monthly payment, are limited, but they do exist.
Debt consolidation loans for people with poor credit are available through credit unions and online lenders. Interest rates and fees can be high, though, so it?s essential that you shop around to find a lender that offers reasonable terms, and also look into some alternatives.
Darryl founded Smith Financial Advisors Inc. in 2006 after over 30 years experience in financial services including Mergers & Acquisitions, Investment Banking and traditional Commercial Banking activities at Bank One. Smith Financial Advisors is a Registered Investment Advisor in the State of Illinois. The firm specializes in Investment management, financial planning, and retirement planning.