Borrow a consolidation loan to pay off the bank

It won't be a very good decision to take a new loan for paying off the existing debts. For doing this, you need to have a good source of income to roll your current expenses along with paying existing debts. Most lenders review the credit scores before they grant new loans by taking something as collateral from you. Look into these factors before you decide taking a new loan.

Consolidation program will be a good choice at such situations. Credit scores will not be considered to begin this program and you won't need to put anything as collateral. The interest rates will also be lower than what you are paying your creditors at present.

I agree with keystrokes. A new loan would just add another monthly payment. Consolidation is good because you save money and you can decide what you want to consolidate. Was the money you owe the bank for a loan or overdraft fees or what?

How would i go about getting my loans consolidated via a consolidation company and to answer kirasienna13's question is that at the bank i have loans no overdraft fee's. The main reason i would like to consolidate is that i NEED a NEW truck that is dependable instead of constantly repairing the junker that i own already and with paying one bill a month for all my other loans that already exist i would only have one (consolidated) payment and then a truck payment... and i failed to mention i am getting married next year and all of loans are weighing heavily on me and dont want to carry over so many payments.......any advice again would be helpful

I used a company called Credit Consultants. Link deleted as per forum rules - Mike
Ask for Kory if you call them.