A debt consolidation loan can be used to pay off high interest debts, such as credit cards, personal loans, unsecured debts, and even car loans and student loans.
A typical Debt Consolidation loan example:
NAME RATE PAYMENT BALANCE
mastercard 15.99% $295.00 $2960.00
visa 13.99% $500.00 $7550.00
mastercard 2 21.99% $655.00 $3200.00
TOTAL $ 1450.00 $13,710.00
NEW LOAN: 9.99% $475.00
YOU SAVE: $975.00 A MONTH!
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