When it comes to your debt, you are not alone. Lots of people get into debt, so here at cPort, we help many people manage and pay off their debt with a debt consolidation loan. To successfully consolidate your debt, and put yourself on track to becoming debt free, follow these steps:
- Add up all of your current outstanding debt. This may seem overwhelming at first, but it is the first step to determining your financial situation and consolidating your debt. This includes credit cards, medical bills, and loans.
- Stop in to cPort or call us to speak with an MSR about a Debt Consolidation Loan. If you’re not a member already, become a cPort member, and an MSR can take a look at your credit report with you, and help you find the loan that best fits your needs. You can work together to determine the term and rate you qualify for based on your credit history and your current budget for making payments.
- Consolidate! If your loan is approved, cPort will send checks directly to your lenders to pay off your debts. With your other debt paid off, you’ll have just one payment per month on your consolidation loan. With a set term and payment amount, you’ll know exactly when you’ll be debt free and you’ll be able to celebrate your progress along the way.
With rates as low as 5.99% annual percentage rate, a Debt Consolidation Loan could be a meaningful first step for you to pay off high interest rate credit cards and consolidate the other bills you’re juggling. Remember, you are not alone… rise above your debt today at cPort!