“Dear Steve,
Currently have credit card debt totaling about 16,000 and two car loans with pay off amounts of about 23,000 combined. I am keeping up on the monthly payments, but some months are cutting it close.
With 40,000 in unsecured debt that I am looking to consolidate into 1 lower payment. Is there any bank or lending group out there that can help me avoid the groups like care one credit? I can’t take a chance on them ruining my credit score trying to make a buck.
Do You Have a Question You'd Like Help With? Contact Debt Coach Damon Day. Click here to reach Damon.
Donald”
Dear Donald,
If you have a credit score above 700 then the company I suggest, and actually lend money to people through is LendingClub.com. It is a peer-to-peer lending network where LendingClub.com manages the loans and matches applicants up with lenders while allowing people to borrow money at lower rates than available from the bank.
LendingClub will do debt consolidation loans.
If you decide to go the LendingClub.com route, please post your loan URL in the comments section below and I will happily help to fund it.
