Loan

Based upon your credit history, you may go to your bank and check their loan offers. You will get a lower interest rate if your scores are good.

If you want to pay the debts without taking a loan, look into one of the debt management program. You will make one payment to all your creditors through the consolidation company. Be aware that this program will not pay all the debts upfront. At the same time, you won't have to show any collateral. When taking a loan, you have to pledge your property as security. This can be a risky move in case you miss the payment. Consolidation has no such risks.

In my opinion, a loan is not always the best answer. Sometimes it is more practical to take on an extra job to eliminate some of the debt. The debt would be lower, your credit rating would improve and then if you still think it is necessary, you could apply for a loan. Just my two cents.

Loans are not the way to solve your problems in terms of debts. THe debts will still be there tomorrow. What I recommend is that you participate in some debt consolidation program whereby you can pay your debts off over a period of time. Have you tried to contact each of your lenders or debt companies and request a payment option that you and the company can both be reasonable with? Have you considered trying the Do It Yourself link on this website? Have you even tried to contact a debt consolidation company mostly found on this website that you can discuss your options with?

A debt consolidation company will cost you to get started so I recommend the DO It Yourself method first. But don't go get a loan. That will only lead to further debt. Trust me, I know.

I hope that this helps you.