Do I qualify for a debt consolidation loan?

A debt consolidation loan can replace most unsecured debts, such as credit card balances, finance company loans, and line of credit balances.

Instructions:

Enter the amount of debt you wish to consolidate.

Adjust the interest rate and term if needed.

Click “Calculate and View Report” to determine the amount you would pay on a single loan.

Unsecured Debt
$
 Please enter the current total that you have outstanding on the types of debts mentioned above.
       
Annual Interest Rate   % (Leave at the preset rate, unless you know you can get a lower rate).
       
Term of Loan   months (Leave at 60 months for your first calculation. Later, you can check the result for fewer months.)
     
   
     
Monthly Payment
$
       
Summary Report:

Can you afford this monthly payment?

If yes, click here for more information on debt consolidation.

If no, click here to go to our step 2 for more information on credit counseling.