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The Best Debt Consolidation Loans

Better Credit Blog

If the amount of your overall debt isn’t all that high, and you only need to borrow a relatively small amount of money, then PenFed might be a strong option for you, as it offers loans for as little as $500 and up to $35,000. Unlike with many credit unions, it’s possible to pre-qualify for a loan to see what offers are available.

article thumbnail

The Best Debt Consolidation Loans

Better Credit Blog

If the amount of your overall debt isn’t all that high, and you only need to borrow a relatively small amount of money, then PenFed might be a strong option for you, as it offers loans for as little as $500 and up to $35,000. Unlike with many credit unions, it’s possible to pre-qualify for a loan to see what offers are available.

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What is Debt Consolidation and How Does it Work?

Better Credit Blog

Some credit cards and loans have one-off set-up charges or origination fees to consider, too. If you take out a loan secured on your house or another asset and you don’t keep up repayments on it, the loan provider could seize that collateral. Find a lender : Thoroughly research personal loan lenders and offers from credit unions.