The Right Loan Consolidation Service For You
We help you get rid of your multiple loans - with free access to financial experts - who guide you on how to consolidate your debt.
Multiple Loans Can be Overwhelming - Without the Right Solution
Many people are entangled in various forms of debts and can’t keep up with their repayment plans. One of the best solutions for this debt burden is taking a debt consolidation loan.
This is where we shine. We guide you on how to combine all your loans into one single monthly payment. This way, your finances become simplified.
No more worrying about bad credit. You learn how to combine several debts into a new loan. As a result, your credit score improves overtime.
You don’t need to wait for a long time to eliminate all your debt. Prompt single monthly payments means faster debt repayment.
You enjoy a reduced rate. Our goal is for you to get a viable loan consolidation program, after consultations.
Loan Consolidation Services
Home equity loan
Consolidate your home equity loans with the help of our professionals.
Unpaid medical debts
Consolidate your unpaid medical debts with other debts.
Balance Transfer Credit Card Debt
Transfer your high-interest debts to low-interest or zero-interest debts.
401(k) loan
We guide you on how to consolidate 401(k) loans.
Payday loans
We guide you on how to consolidate payday loans.
Unsecured personal loans
Consolidate all your unsecured personal loans for better payment terms
Credit Card Debt
Get consolidation loans to pay off all your credit card debt.
Auto loans
Take out a debt consolidation loan to pay off all your auto loans.
Why Choose Credit Yogi?
Can't Get Approved for a Debt Consolidation Loan? Here’s What You Need to Do.
Applying for a debt consolidation program is a rigorous process. It is typical for a financial institution to scrutinize your credit score. Additional requirements include:
- Be 18 or older
- Not involved in bankruptcy or foreclosure proceedings
- Have favorable Income and debt ratio
The preferred credit score for you to qualify for debt consolidation is around 650. However, bad credit should not stop you from applying. You can get debt consolidation loans for bad credit using Credit Yogi as a resource.
You need to improve your credit score to boost your chances of getting consolidated loans at good terms. Also, you must commit to repay all your outstanding loans promptly.
A good repayment history will help improve your score. Credit Yogi ensures you’re connected with experienced credit advisors in your area. For instance, a consumer residing in Meredith, gets connected to debt consolidation loan advisors in Meredith and surrounding areas.
These advisors evaluate your financial situation. Afterwards, they guide you to choose the right debt consolidation type.
Featured Testimonial
What You are Getting
4 free consultations for every User
We offer up to 4 free 15-minute consultations with debt consolidation professionals near you, upon your request.
Pay Lenders Directly
No middle-man, no brokers – pay lenders directly.
Fixed Pay Schedule
Deal with one loan with a fixed pay schedule that is easy to track.
No fees, no catch
You are not charged any hidden fees.
Faq's
Defaulting on any type of loan can have negative implications. In addition to poor credit score, you’ll start to accrue late charges and fees. Ultimately, your loan will get into default.
When applying for any type of loan, including debt consolidation loans, only apply for loans you can afford to repay completely. Look at the interest rates and other payment terms before applying.
A defaulted loan can be sent to a collection agency. At this stage, you no longer owe the lender – you owe the collection agency.
Yes, you can consolidate car loans and credit cards. Consolidating your credit cards gives you a better repayment deal if you get a low interest, considering the high interest rates of credit cards.
You can consolidate auto loans and have one single loan for several of your car loans. This will give you a single monthly repayment plan, instead of dealing with multiple car loans.
Credit Yogi can help you save money. Our process entails you get low-interest consolidated auto loans. You’ll also have smaller monthly payments.
Debt consolidation can close your credit cards, but not in all cases. Closure of the credit cards largely depends on the debt consolidation method you take.
If you have a limited amount of debt and good credit score, debt consolidation will not close your credit cards.
Yes you can. Consolidate all your loans into a single business loan which you can pay at better interest rates. This is one of the best types of loans to use for debt consolidation.
You should first weigh the pros and cons, before making the application. If consolidation gives you a better deal, go for it.
Not sure how to weigh the benefits against the drawbacks? Credit Yogi advisors can guide you through the process and help you make the right decision.
Our loan consolidation services differ from state to state. We understand that debt laws vary in different states. As such, we tailor our services to suit your unique needs.
For example, if you reside in Cape May, you get access to debt consolidation loans in Cape May. This is made possible through the help of our experienced professionals, in that area.
Serious about paying off all your loans?
