TargetWoman - Portal for Women
TargetWoman - Portal for Woman

Unsecured Debt Consolidation

TargetWoman is a directory/portal dedicated to Women - Articles of lasting value from Hair styles to liposuction, from working women to fashion jewellery and a handpicked listing of sites of importance to women.
Search from our Articles

Print   Book mark this   Read this later   Send this   Browse by Topic  

Is your debt mounting month after month? Outstanding bills, credit card payments and unpaid bills can play havoc with your finances if you do not disburse them on time. You can opt for unsecured debt consolidation to help you out of this debt spiral. Unsecured debt consolidation loans are more expensive since there is no collateral.


Unsecured debt consolidation

Unpaid bills and debts tend to mount along with interest and before you know it, you might be besieged with many creditors and numerous payments to make. Unsecured debt piles up on account of outstanding credit card payments, personal loans and student loans or soaring medical bills.

Outstanding bills on department stores, utility bills and unpaid tax burden on state or federal taxes can add up to considerable unsecured debt. An unsecured debt consolidation loan is a personal loan that can help in managing your outstanding debt in a more systematic manner.


Unsecured debt consolidation loan


An unsecured debt consolidation loan allows you to consolidate all your unsecured debt into a single loan. But your property is not put up as collateral as in the case of secured debt consolidation programs. Unsecured debt consolidation loans do not need any valuation of property and tend to be approved faster.

But granting of unsecured debt consolidation loans tend to hinge on the credit rating and credit history of the borrower. The risk with unsecured debt consolidation loans is lower on the borrower but monthly payments are higher. Unsecured debt consolidation loans are taken for a period of 5 - 10 years.

Compare debt consolidation lenders and their quotes. Examine various financing options and rate of interest. Unsecured debt consolidation loans can cost as much as 30% interest rate. But it may be the only other alternative to bankruptcy. An unsecured debt consolidation loan can lower your monthly payments into one payment that is lower. With the right debt counseling, you can pay off all the outstandings and get your credit on the right track again.

More on Loan
Managing Money Astute money management calls for understanding money market ...
Micro Loans - Small loans ...
Direct Loan Servicing - Simple, convenient and flexible ...
College Loan Repayment - Paying for your education ...
Short Term Money Loan - Handling sudden expenditure ...
Small Business Loans for Women - Encouraging women entrepreneurs ...
Car Title Loan - Risk of forfeiture ...
Boat Loan - Credit for sailing enthusiasts ...
Lawsuit Loan - Pre-settlement cash advances ...
Unsecured Business Loan - Sources of business finance ...
Interest only Mortgage loan - Not suited for all ...
Accelerated Mortgage Payment - Hasten the repayment period ...
Home Equity Loan - at the prevailing low interest rates can be really tempting! ...
Second Mortgage Loans - Secondary to first home loan ...
FHA Loan Guidelines - Aided many Americans with not-so-perfect credit to qualify for home loans ...
Construction Loan - Understand the procedure involved in this short term loan ...
VA Home Loan Guide - Find out more about this government-backed loan ...
Emergency Cash Loan - Money in a jiffy ...
Mortgage Bridge Loan - Bridge the gap ...
Balloon Mortgage - Short-term loan ...
Reverse Mortgage Information - Tap the equity to your advantage ...
Foreclosure Home - Defaulted payments, disgruntled lenders ...
Bankruptcy Car Loan - Reestablish credit ...
Unsecured Debt Consolidation - Sans any collateral ...
Personal Loan - Need money to pay for the gadget gift, holiday or to pay off the exorbitant ...
Bad Credit Loan Mortgage - If you have bad credit payment history ...
Home Improvement Loan Financing - Increase the value of your home or hold on to its value ...
Payday Loan - What is the real cost of a payday loan? ...
Online Loan Amortization Calculator - Spread your loan repayment over a specified period of time ...
Refinancing Auto Loan - Trade a less-than-favorable car loan for better terms ...
Student Loan Consolidation - With effect from July 1 2005, interest rates for student loans ...

Unsecured Debt Consolidation

RSS feed on Money
Unsecured Debt Consolidation