Can auto loan be added to the consolidation program?
Date: Mon, 09/25/2017 - 21:37
Auto loan is a secured debt.
Auto loan is a secured debt. You can opt for refinancing. Consolidation program won't work.
Secured loans don't qualify
Secured loans don't qualify for consolidation programs. As SC said, you can go for a loan modification or refinancing.
Auto loans can't be
Auto loans can't be consolidated, you have to go for refinancing.
Usually, you can't add an
Usually, you can't add an auto loan in your consolidation program; however, there can be a way out.
If it's possible, you can make the remaining payment with your credit card and later transfer the balance to one low interest credit card; that's opting for balance transfer.