Consolidating debt loans with bad credit
With so many ways to consolidate, there’s bound to be a solution for your unique situation. Debt consolidation is the process of combining your debts into one loan with a lower interest rate.
That will keep your credit history from getting worse.
Consolidating your bills will help you reduce bill clutter, and will possibly provide lower rates. P2P Credit makes applying for a debt consolidation loan hassle free.
Simply click apply, select your estimated credit score, and provide some basic information about your financial situation.
Usually the credit limits on these cards are low, which you think is a good thing—it will keep you on track. A fixed payment schedule helps you pay off your debt more quickly, putting you back on the road of financial health.
The biggest problem with credit card debt is the high interest rates.