What Is Consolidation Plus?

Consolidation Plus provides debt consolidation loans to qualified borrowers currently enrolled in select debt settlement programs. Unlike other consolidation loans, Consolidation Plus works with your debt settlement company to settle your debt with creditors upfront. This allows you to complete your debt settlement program faster and begin repaying your loan.

Using a loan to settle debt with your creditors could help you avoid collection calls, legal action, and further credit impact.

If you have been contacted by a Consolidation Plus loan consultant and want more information about our program, please email us at: Interested@ConsolPlus.com

What Is Consolidation Plus?

What Is Consolidation Plus?

Consolidation Plus provides debt consolidation loans to qualified borrowers currently enrolled in select debt settlement programs.Unlike other consolidation loans, Consolidation Plus works with your debt
settlement company to settle your debt with creditors upfront. This allows you to complete your debt settlement program faster and begin repaying your loan.

Using a loan to settle debt with your creditors could help you avoid collection calls, legal action, and further credit impact.

If you have been contacted by a Consolidation Plus loan consultant and want more information about our program, please email us at: Interested@ConsolPlus.com
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Consolidation Plus provides debt consolidation loans to qualified borrowers currently enrolled in select debt settlement programs.

Unlike other consolidation loans, Consolidation Plus works with your debt settlement company to settle your debt with creditors upfront. This allows you to complete your debt settlement program faster and begin repaying your loan.

Using a loan to settle debt with your creditors could help you avoid collection calls, legal action, and further credit impact.

If you have been contacted by a Consolidation Plus loan consultant and want more information about our program, please email us at: Interested@ConsolPlus.com

Who Is Eligible for a Consolidation Plus Loan?

Clients who are enrolled in certain debt settlement programs could be eligible for a Consolidation Plus loan. You must demonstrate an ability to make deposits to your special purpose account on time every month, among other qualifications.

Credit score is not a major factor that affects our decision to provide our borrowers with a loan. We select borrowers based on their dedication to their debt settlement company, among other factors.

If one of our loan consultants contacts you, you may be eligible for a Consolidation Plus loan.* Since our loans are invitation-only, you cannot apply for a Consolidation Plus loan without being invited to do so first.

What Is a Consolidation Loan?

A consolidation loan is a financial product that allows you to combine multiple debts into one single payment. By taking out a consolidation loan, you could pay off your other creditors and roll all of your debt into one account. Consolidation loans could simplify your monthly payments and help you pay off your debt faster than other methods like making minimum payments.
INTEREST RATES
Like many other consolidation loans, Consolidation Plus loans have a fixed rate—meaning your rate never goes up as long as you stay current on your loan payments. Your loan rate is determined by your financial history, credit utilization, and other factors. While certain lenders weigh your credit score heavily when deciding whether to lend to you, your credit score is not a major factor that Consolidation Plus considers when determining who we should lend to.

TERMS
The length of time you have to pay back the loan, also known as you loan term, generally spans from 24-72 months. The average term for a Consolidation Plus loan is 48 months.

LOAN AMOUNT
The amount you can borrow on a consolidation loan varies by lender. With Consolidation Plus, you could borrow $5,000-$65,000, depending on the amount your debt settlement company needs to settle your debt with your creditors.
Unlike other debt consolidation loans, Consolidation Plus works directly with your debt settlement company to provide the funds needed to settle all of your remaining enrolled debt. Once funds have been provided and your debt is settled, your debt settlement program ends and you begin making payments to Consolidation Plus until your loan is completely paid off and you are debt free.


Why Should You Consolidate Your Debt?

Debt consolidation could simplify your payment schedule and help you get out of debt in less time. If you are currently enrolled in a debt settlement program and decide to take out a Consolidation Plus loan, you will have to pay interest on your loan and you may end up paying more than you would by remaining in your debt settlement program.

However, a Consolidation Plus loan could be a better alternative to debt settlement because it could help you avoid collection calls and legal action from creditors while still helping you become debt free.


Learn more about Consolidation Plus and debt consolidation in general.