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The Best Debt Consolidation Loans

Better Credit Blog

Having several outstanding loans is even worse, as it can be difficult to keep track of payments and due dates, which makes it easier to miss a payment and thus damage your score even further. If you owe multiple outstanding debts, it might be time to consider looking into a debt consolidation loan.

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The Best Debt Consolidation Loans

Better Credit Blog

Having several outstanding loans is even worse, as it can be difficult to keep track of payments and due dates, which makes it easier to miss a payment and thus damage your score even further. If you owe multiple outstanding debts, it might be time to consider looking into a debt consolidation loan.

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8 Ways to Consolidate Credit Card Debt 

Credit Corp

Debt consolidation allows you to take multiple debts and combine them into one, and you can do this with your credit card debt. Doing this makes managing the debt a little easier, and you may be able to get a lower interest rate. You’ll receive an amount of money that you’ll use to pay off your current debt.

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Financial Hardship Letter: Definition, Sample, and Free Template

Credit Corp

Mary Smith 101 Cedar Road Savannah, GA 31302 msmith@gmail.com (912) 333-3333 11/01/2023 Harry Jones, Loss Mitigation Department of Georgia Bank 444 Peach Lane Atlanta, GA 30033 Re: Account #10122467894231 Dear Harry Jones: I am writing this letter to request assistance with my personal loan during a time of financial hardship.

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560 Credit Score

Better Credit Blog

Debt collections. Foreclosures. The issues above can hinder your access to both revolving lines of credit and installment loans. With a 560 credit score, you’ll have very limited loan options and will have a hard time getting approved for unsecured credit cards. Personal Loan Options with a 560 Credit Score.

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620 Credit Score

Better Credit Blog

Personal loan: Limited options. Auto loan: Limited options. Others are on the path to repairing their credit, as it takes time to recover from more severe credit occurrences like bankruptcy , foreclosures , or judgments. The good news is, you should be able to get an auto loan with your current credit score.

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What Is the Difference Between Chapter 7, 11, and 13 Bankruptcies?

Credit Corp

Bankruptcy does have some benefits, such as potentially putting a stop to wage garnishments or foreclosures. You typically can’t apply for most types of credit, including a mortgage, auto loan or significant personal loan, without getting the court’s approval if you’re in the middle of a Chapter 13 bankruptcy, for example.