There are ways to consolidate your debt no matter what your credit score may be. (iStock)
Debt consolidation loansare one way that consumers with multiple debts can start to pay off their balances. With these loans, all debts are rolled into one account, allowing borrowers to make just a single monthly payment until the balance is paid off.
This simplifies the budgeting and repayment process and, in many cases, can even lower the costs of borrowing the money entirely.
But debt consolidation loans often requirehigh credit scores. For consumers who dont fall into this category, read on.
How to get a debt consolidation loan with bad credit
According to Howard Dvorkin, CPA, and chairman at Debt.com, consumers will typically …
Read the full article at: https://www.fox10phoenix.com/money/get-debt-consolidation-loan-with-bad-credit