A debt consolidation loan combines multiple smaller debts with several creditors or lenders into a single mortgage loan. Then you simply make monthly payments on one mortgage rather than multiple payments of smaller, usually higher interest rate, debts.
One monthly bill – Stop juggling multiple payment amounts, due dates, and creditors
Lower interest rate – Your debt consolidation mortgage loan’s interest rate will be lower than the 20% or more you see with high-interest credit cards
Manageable payments – You’ll have a monthly payment that fits your budget
No more collection calls – Say goodbye to harassing phone calls so you can focus on building your financial stability
Avoiding credit damage – Debt consolidation helps you stop missing payments or defaulting on your accounts
Having multiple high-rate credit card balances makes it difficult to get out of debt. That’s why we’re here. A debt consolidation loan is the first step toward taking control of your finances and boosting your credit. We’ve been helping Utahns, such as yourself, get out of debt for as long as we’ve been in business, and we can help you too. A consolidation mortgage from Advanced Funding will put you back in the driver’s seat.