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Posted by wull 2 years ago In:

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wull
wull Asked About 'Get debt advice by looking through our questions and answers'

I have 3 payday loans and 2 credit cards and an unsecured loan is there a way i can pay back my loans in 1 affordable payment?

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nica65
nica65 Answered:

You need a debt consolidation program in which they lower the interest rate and put you in one affordable loan.

 

Good Luck!

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Luara
Luara Answered:

Yes there is a way to consolidate your debt. They reduce your debt into single monthly payments and that too at low interest rates.

I have tried this out. So its better to go for this option. Any debt relief options is always better than bankruptcy. I got my debts clear from  http://www.loansstore.com/debt-consolidation-loan-application.php

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jerome.christopher
jerome.christopher Answered:

Depending on the method you use, consolidation might help you save on interest and get out of debt faster. It can also provide the convenience of one monthly payment instead of many. Consider all the factors, and decide if it's smart to consolidate.

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mburgham
mburgham Answered:

As everyone has has said debt consolidation is probably the bast way forward here, there are many companies out there who will be able to help with this, type debt consolidation into your preferred search engine.

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