Consolidating internet loans
However, these loans will require good credit history, usually at least a 660 FICO score or higher is required.
But this is one of the cheaper debt relief options because it’s a low-interest loan.
You may be able to qualify for a cash-out refinance with bad credit as low as 620.
If you have debt with high interest rates you know that a large amount of your monthly payment goes towards interest. Debt consolidation loans are a great way for people to get a low interest loan to pay off high-interest debt.
A debt management plan, or DMP, is offered by credit card debt consolidation companies. What happens in a DMP is your cards will all be closed.