Streamline your debt with a loan for debt consolidation.
If you have multiple debts from a variety of sources—such as wedding expenses, credit card bills, and large purchases—we’ll work with you to find the best way to make debt repayments to lower your total debt amount.
And if you just want to learn a little bit more about debt consolidation loans that’s fine too.
Here you’ll discover what a debt consolidation loan is, use cases, and answers to commonly asked questions.
Will even show you how to apply online.
What is debt consolidation?
Debt consolidation is a form of debt refinancing which combines several forms of unsecured debts into one monthly loan payment.
Among these debts may be credit cards, medical bills, high-interest loans, and other various bills.
Debt consolidation may lower your interest rate and decrease the total amount of your minimum payment.
If this happens it could help you save money on interest which may help you become debt free faster.
What are the benefits of consolidating debts?
There are many benefits to getting a personal loan to manage your debt. As a matter of fact, we conducted a survey to 40,000 of our customers and debt consolidation was their number one reason for getting a loan.
You may be new to debt consolidation or you may just want more information, in any case here is a list of some common benefits:
- Pay off your debts that may help improve credit score over time.
- Payments that may be a reduction from your former payment to help you simplify your finances.
- One monthly payment.
- The possibility of a lower annual percentage rate that could lower your interest debts (may vary by individual based on credit report and your over credit history.)
- The ability to choose a loan term or balance transfer that you may be able to pay over a longer term.
- Consolidate credit card debts or fill for a credit card balance transfer
- Pay off student loans
When to use a personal loan to consolidate your debt?
Things come up and before you know it, you may have more sources of debt than you would like.
Use a Mariner Finance loan for debt consolidation to consolidate your debt and help make life more manageable.
We offer loan amounts from a minimum of $1000 up to $25,000.
Making personal loans sense.
Got questions? Get answers.
What is the minimum amount I can borrow? How long does an application take? Is there a prepayment penalty?
Ready to speak to a person—in person?
You have your own unique goals to meet, and it all starts with a 5 minute conversation with one of our team members. You can reach us directly at 877-310-2373.
What is a personal loan?
Great question. It’s a loan that may help you deal with an unexpected expense, see a new part of the world, or simply help you achieve your personal goals. We have those.
get personal finance tips,
and seasonal offers.
Sign up for the Mariner Finance newsletter.