Guaranteed consolidation loans erase debt faster than ever

How Guaranteed Consolidation Loans Work

When you opt for a guaranteed consolidation loan, the lender pays off your existing debts and issues you a new loan with terms that are ideally more favorable. This can include a lower interest rate, a fixed payment schedule, and potentially a longer repayment term. The guarantee often refers to the lender's assurance of approval, typically contingent on specific criteria such as having a stable income or meeting a minimum credit score requirement.