Ask The Get Out of Debt Experts

Nobody Will Give Me a Debt Consolidation Loan to Pay Off My Debts. – Scott


“Dear Steve,

I make good income (130,000.00/yr) but have three kids and several credit cards from before my pay went up. we have approx 40,000 in debt and the payment are starting to get more difficult. We are still making all of our payments

How can I consulidate all this debt to one payment and pay off quicker?


Dear Scott,

If you have a credit score above 640 then you might want to check out for a debt consolidation loan. This is a peer-to-peer lending network. People all over will pitch in and each fund a small amount of your total loan request, thus spreading the risk over a large group of people.

Once the loan is funded then the money will be wired into you bank account for you to pay off your debts. This will give you one monthly loan with a lower payment.

I happen to be one of the lenders on LendingClub, who knows, maybe I’ll be part of the group of lenders to get a chance to help you get out of debt.


You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.

READ  I'm a Trucker and Need a Loan to Get My Kenworth Back on the Road

About the author

Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

1 Comment

  • I am in over my head! I need a Debt Consolidation Loan and my credit score is too low for peer to peer lending. I make a very good salary but have just had a series of unfortunate events that have gotten me into Payday loan hell… What do I do?  🙁


Leave a Comment

Scroll to Top