Do you offer debt consolidation loan

Hi Wayne---I take it that you are asking if the debt consolidation here is a loan, no it is not. Its where they take all of your debts, put them together and come up with one monthly payment,that you send in and they distribute it out among your creditors. They talk to your creditors and in many cases are able to eliminate past late charges and fees. This is them putting your money to work for you---no loans to pay off loans--that is a never ending cycle almost impossible to break away from. Hope this has helped. :D Shirley

Nice input Shirley :D A new loan to pay your old debts is not a good option wayne. Moreover most of the consolidation loan companies ask for some collateral because your credit is not in a good shape with lots of debts. So you risk the chance of losing your property if you default in future.

It's true that consolidation loan has low interest rate; however, these loans are long term loans. So you will be paying a huge amount as interest only.

Shirley has explained the debt consolidation program very well, you can avail the free service offered by this site. Visit this page to know how it works-

http://www.debtconsolidationcare.com/procedure.html