A debt consolidation loan offers you an opportunity to put your finances in order. It is even more accessible than ever to get a loan. You don't have to run around to banks or lenders. You can do all of the shopping on your computer, tablet, or phone.
When shopping for a debt consolidation loan, you want to consider your credit score, because that will affect the types of offers you get. Some lenders only offer loans to borrowers with good to excellent credit, while others provide personal loans to borrowers with bad credit.
It is easy to compare offers by looking at the loan term, interest rate, and fees. You can compare offers based on the APR, which is a reliable indicator of the actual cost of the loan since most unsecured loans are not paid off early.
Get more tips on shopping for a debt consolidation loan.