I have bad credit, can I get a debt consolidation loan
If you have a debt problem and you believe a debt consolidation loan could help, Debt Fix may have the solution. Debt consolidation loans can be a powerful way to regain control if your loan repayments are less than your debt repayments. Naturally, conditions apply, and loan approval is subject upon suitability and credit assessment. Debt consolidation loans are not suitable for everyone, and you should consider your circumstances before applying.
How do bad credit debt consolidation loans work?
Debt consolidation loans bring together multiple credit facilities under one loan. The intention of bringing all the debts together is to improve your budget so that your finances are more manageable.
A debt consolidation loan may help people with bad credit by simplifying repayments into a single payment plan with one interest rate. We may be able to work with you to come to a repayment schedule that best works for your situation.
When you have fewer debts to manage, this can lower your stress and make your life easier. If you have multiple debts paying high interest, a single loan which combines debts under the one umbrella could be a great option, as long as the monthly payments are less.
Take Control With Bad Credit Debt Consolidation Loans
Some of the most common debt consolidation loans for bad credit can include credit cards, unsecured personal loans, short term money loans and other debts. Contact our friendly team to see how they can help today and start your journey to be free from debt.
If you are interested in a debt consolidation loan or would like to discuss your options, simply call Debt Fix on 1300 332 834 for a no obligation assessment. With our help we aim to help you change your situation and be empowered to take control of your finances.
Debt Consolidation with Debt Fix
If you are interested in debt consolidation and have bad credit, our specialists at Debt Fix may be able help by offering you tailored advice based on your situation. With our exceptional customer service, we exist to support you on your journey out of debt. We are committed to being honest and transparent throughout all our communication. When you have bad credit, it may feel like you are alone and have few options, but we’re here help you manage your debt effectively to stay out of debt.
Bad Credit Debt Consolidation Loans FAQ's:
1. How does debt create bad credit?
Your credit score is based on timely repayments over a period. If you have a few debts, struggling to keep up with your repayments and loan defaults may create bad credit.
2. Can I get a debt consolidation loan with poor credit?
If you have poor credit, a debt consolidation loan might be an easier way to manage your repayments.
Debt consolidation loan approval is subject upon suitability and credit assessment. Everyone’s situation is different, so it’s best to speak to a debt expert to determine if you’re eligible.
3. Where to get debt consolidation loans with bad credit?
If you believe that debt consolidation can help with your situation, contact our Debt Fix team at 1300 332 834 for a free, no obligation assessment. By taking the time to talk with our team, we can find the best solution for you.