Consolidate Your Debt

Consolidate Debt by Refinancing Your Mortgage

Debt consolidation is the process of combining several unsecured debts like payday loans, credit cards and medical bills into one monthly bill. Although each program is different, this one monthly bill often comes with a lower interest rate.

The first step is to speak with a loan agent and begin the process of identifying if you qualify for a debt consolidation program. The lender will evaluate your past payment behavior and credit score to see if you qualify. Assuming you qualify, debt consolidation can be a great option to eliminate high interest debt.

It is important that you evaluate and understand the new loan amount terms because in most debt consolidation programs the interest rates are lower but the life of the loan is extended. An agent can help you find the best solution to your debt problems.

Speak to an agent by calling (866) 708-5626.