Who Should Consolidate

You might be wondering if consolidation is right for you, and, if so, which of our services will best serve you. On this page, we'll explain who makes a good candidate for each of our services.

General Requirements

Before you apply for the best debt loan consolidation rates, you will want to make sure you qualify for our program. To qualify, you will need a minimum of $5,000 in debt. This debt will also need to be unsecured, meaning it is not attached to a piece of property. The best debt loan consolidation rates apply only to unsecured debts, so we deal exclusively with this type of debt. In our experience, we have found creditors much less willing to negotiate to the advantage of the consumer when they have the option to seize property instead. Secured debt gives the creditor more leverage, which makes it nearly impossible to negotiate the best debt loan consolidation rates.

Debt Consolidation Candidates

To take full advantage of the best debt loan consolidation rates, the ideal debt consolidation candidate will:

• Have a minimum of $5,000 in unsecured debt
• Have many, high-interest debts
• Have under $20,000 in debt
• Be current on payments
• Not be currently enrolled in debt consolidation
• Be willing to cancel any and all credit cards included in the program

Debt Negotiation Candidates

Debt negotiation is intended for those who have a more dire debt situation. A good debt negotiation candidate:

• Has a large amount of unsecured debt (usually over $20,000)
• Might have dropped out of a debt consolidation program
• Is seriously behind on payments (three months or more)
• Might be in danger of bankruptcy
• Might not be able to make the minimum payments of a debt consolidation service
• Is willing to stop making payments to creditors temporarily
• Understands that debt negotiation will initially damage your debt

If you have any questions, please visit our FAQ page.