Consolidating loans can help cut debt
You will then need to figure out approximately how much money you will need to borrow to cover the total of all of your debt payments.
Once you have this information, check your credit score and credit history to see where you stand so you can find the right lender.
The credit limit also has to be high enough to accommodate the debt you have incurred on the other credit cards.
You will also have a chance at getting approved for a personal loan through a credit union even if you have poor credit.
It can be a viable way to help pay down your debt and even save some money in the process.
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