united states – Save My NJ Library http://savemynjlibrary.org/ Tue, 15 Mar 2022 00:49:49 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://savemynjlibrary.org/wp-content/uploads/2021/10/icon-120x120.png united states – Save My NJ Library http://savemynjlibrary.org/ 32 32 Community memories: Marshall Public Library will have a COVID-19 vaccination clinic | Local https://savemynjlibrary.org/community-memories-marshall-public-library-will-have-a-covid-19-vaccination-clinic-local/ Mon, 14 Mar 2022 19:45:00 +0000 https://savemynjlibrary.org/community-memories-marshall-public-library-will-have-a-covid-19-vaccination-clinic-local/ The country united states of americaUS Virgin IslandsU.S. Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth ofCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s Democratic Republic ofAmerican SamoaAndorra, Principality ofAngola, Republic ofAnguillaAntarctica (the territory south of 60 degrees S)Antigua and BarbudaArgentina, Argentine RepublicArmeniaArubaAustralia, Commonwealth ofAustria, Republic ofAzerbaijan, Republic ofBahrain, Kingdom ofBangladesh, People’s Republic […]]]>

]]>
Free programs offered by the Phoenixville Public Library – The Mercury https://savemynjlibrary.org/free-programs-offered-by-the-phoenixville-public-library-the-mercury/ Fri, 11 Mar 2022 14:04:19 +0000 https://savemynjlibrary.org/free-programs-offered-by-the-phoenixville-public-library-the-mercury/ The Phoenixville Public Library will host an in-person discussion of the Longwood Gardens community reading book for adults, The Songs of Trees, on Monday, March 14 at 7:00 p.m. With “The Songs of Trees: Stories from Nature’s Great Connectors,” you can travel with author David Haskell as he repeatedly visits a dozen trees in cities […]]]>

The Phoenixville Public Library will host an in-person discussion of the Longwood Gardens community reading book for adults, The Songs of Trees, on Monday, March 14 at 7:00 p.m. With “The Songs of Trees: Stories from Nature’s Great Connectors,” you can travel with author David Haskell as he repeatedly visits a dozen trees in cities from Manhattan to Jerusalem, forests (Amazon, North -American and Boreal) and areas on the front environmental changes, including coastal erosion, scorched mountainsides and war zones. In each place, it shows how human history, ecology and well-being are intimately linked to the life of trees. Scientific, lyrical and contemplative, “The Songs of Trees” reveals the biological connections that underlie all life. In a world plagued by barriers, Haskell reminds us that the substance and beauty of life emerges from relationships and interdependence. Physical copies of the book can be reserved at https://catalog.ccls.org. Copies of eBooks and audiobooks are available at https://chester.overdrive.com. Chat participants will automatically be entered into a raffle to receive a family pass to Longwood Gardens. This event is free and open to the public. Registration is required at https://ccls.libcal.com/calendar/Phoenixville/songs-of-trees or by calling 610-933-3013 x132. More information about Longwood Community Reading can be found at https://longwoodgardens.org/education/community-read/community-read-2022.


The Phoenix Book Club, the Phoenixville Public Library’s book discussion group for adults of all ages, will meet virtually on Monday, March 14 at 7:00 p.m. The group will discuss the award-winning biography, “A Woman of No Importance: The Untold Story of the American Spy Who Helped Win World War II” by Sonia Purnell. In 1942, the Gestapo sent an urgent transmission: “She is the most dangerous of all Allied spies. We must find it and destroy it. That spy was Virginia Hall, a young American — rejected from the Foreign Service because of her gender and her prosthetic leg — who worked her way into the spy organization dubbed the “unkind War Department” of Churchill and, even before the United States entered the war, became the first woman to deploy to occupied France. Virginia Hall was one of the greatest spies in American history, but her story remains unknown. A physical copy of this book can be reserved at https://www.ccls.org. An eBook or eAudiobook copy can be reserved at https://chester.overdrive.com. The public is invited to attend. If you are not already on the Book Club mailing list, you must sign up at https://ccls.libcal.com/calendar/Phoenixville/woman-of-no-importance to receive an invitation to this event Zoom. Email mpinto@ccls.org for more information.


The Phoenixville Public Library will host a free virtual presentation by Keisha Blair, author of “Holistic Wealth,” on Thursday, March 17 at 7:00 p.m. Keisha Blair, an award-winning bestselling author, with a book that is now highly acclaimed and recognized worldwide by some of the world’s biggest influencers like Arianna Huffington, producers of Mel Robbins’ Red Table Talk Show, Jada Pinkett Smith, shares the story of the journey to holistic wealth. Her latest book is “Holistic Wealth Expanded and Updated: 36 Life Lessons To Help You Recover from Disruption, Find Your Life Purpose and Achieve Financial Freedom,” with a foreword written by iconic actress Kelly Rutherford, star of “Gossip Girl “, “Dynasty” and “Melrose Place”. Keisha Blair’s work has impacted millions of people around the world and she is now considered the “Mother of Holistic Wealth” and the founder of the Holistic Wealth Movement. She is an economist by training and a graduate of the Executive Leadership Program at Harvard University’s John F. Kennedy School of Government.Keisha Blair is also the host of the Holistic Wealth podcast with Keisha Blair and the founder of the Institute on holistic wealth. Her writing has appeared in CBC, AARP, The New York Observer, MSN, Yahoo and many other publications. She has been featured in The New York Times, Real Simple Magazine, Forbes, The Winnipeg Free Press and has been featured in the Harvard Business Review, among many other publications. Her upcoming book “Holistic Wealth (Expanded and Updated): 36 Life Lessons To Help You Recover From Disruption, Find Your Life Purpose and Achieve Financial Freedom” was released on International Women’s Day (March 8). This event is free and open to the public and will be held online via Zoom. Registration is required at https://ccls.libcal.com/calendar/Phoenixville/holistic-wealth or by calling 610-933-3013 x132. Email mpinto@ccls.org for more information.


The Phoenixville Public Library will host a free in-person “Medicare 102” presentation on Monday, March 21 at 7:00 p.m. Counselors from PA-MEDI, Pennsylvania’s free Medicare counseling service, will provide information on wellness visits, preventive services covered, hospitalization or observation status, outpatient observation notification of Medicare (MOON), Medicare Part B Covered Equipment, Diabetic Supplies, Fraud, and Suite. This event is free and open to the public. Registration is required at https://ccls.libcal.com/calendar/Phoenixville/medicare102 or by calling 610-933-3013 x132. Email mpinto@ccls.org for more information.


Buying your first home? The Phoenixville Public Library will be presenting a free, in-person “Workshop for First Time Homebuyers” on Thursday, March 24 at 7:00 p.m. Kimberly Kozelsky of Cross Country Mortgage and Donna Cable of Re/Max Professional Realty will be the presenters. This informative seminar will discuss mortgages, pre-approvals, common credit myths, types of loan programs, buyer’s agents, sales contracts, home inspections and the importance of communication during the home buying process. This event is free and open to the public. Registration is required at https://ccls.libcal.com/calendar/Phoenixville/first-time-homebuyer or by calling 610-933-3013 x132. Email mpinto@ccls.org for more information.


Free in-person technical support is available at the Phoenixville Public Library during select hours on Monday afternoons and Tuesday and Wednesday evenings. One-hour appointments for help with your laptop, tablet or smartphone with the library’s volunteer tutors are available by calling 610-933-3013 x132.

]]>
The Sami Rohr Literary Prize signs an alliance with the National Library of Israel https://savemynjlibrary.org/the-sami-rohr-literary-prize-signs-an-alliance-with-the-national-library-of-israel/ Tue, 15 Feb 2022 19:14:00 +0000 https://savemynjlibrary.org/the-sami-rohr-literary-prize-signs-an-alliance-with-the-national-library-of-israel/ A new literary alliance between the Sami Rohr Prize for Jewish Literature and the National Library of Israel will host the awards ceremony every other year at the library’s new campus in Jerusalem and review works translated into English. The prize will henceforth be officially known as the “Sami Rohr Prize for Jewish Literature awarded […]]]>

A new literary alliance between the Sami Rohr Prize for Jewish Literature and the National Library of Israel will host the awards ceremony every other year at the library’s new campus in Jerusalem and review works translated into English.

The prize will henceforth be officially known as the “Sami Rohr Prize for Jewish Literature awarded in association with the National Library of Israel,” the pair announced on Tuesday.

The Sami Rohr Prize recognizes contemporary writers, with an annual prize of $100,000 given to emerging writers, in fiction and non-fiction alternately.

Recent winners include Benjamin Balint, Michael David Lukas and Ilana Kurshan. In 2021, Nicole Krauss became the first recipient of the Inspiration Award for Fiction.

The annual awards ceremony takes place alternately in Israel and the United States, and from now on, when it does take place in Israel, it will take place at the new campus of the National Library of Israel.

The National Library and the Sami Rohr Prize, together with the library’s US branch, are also developing joint programming and collaborative initiatives, the two institutions said, including a professional network among Jewish Literary Institute fellows. Sami Rohr and writers from the National Library of Israel. residency programs, the Pardes Literary Incubator and the Bustan Cross-Cultural Poetry Incubator.

The Sami Rohr Prize was created in 2006 by his children, in honor of the philanthropist’s 80th birthday. Rohr died in 2012, and the award is meant to honor his lifelong love of Jewish learning and great books.

The National Library of Israel was founded in Jerusalem in 1892 and serves as Israel’s preeminent research library.

The institution is engaged in efforts to discover new audiences through different initiatives, including at its new campus, with 45,000 square meters (484,376 square feet) of space, being built next to the Knesset and across from the Israel Museum.

Do you like The Times of Israel?

If so, we have a request.

Every day, our journalists aim to keep you up to date with the most important developments that deserve your attention. Millions of people rely on ToI for fast, fair and free coverage of Israel and the Jewish world.

We care about Israel – and we know you do too. So today we have a question: show your appreciation for our work by join the Times of Israel communityan exclusive group for readers like you who appreciate and financially support our work.

Yes, I will give Yes, I will give Already a member? Log in to stop seeing this

You are a dedicated reader

That’s why we started The Times of Israel ten years ago – to provide discerning readers like you with must-read coverage of Israel and the Jewish world.

So now we have a request. Unlike other media, we don’t have a paywall in place. But since the journalism we do is expensive, we invite readers to whom The Times of Israel has become important to support our work by joining The Times of Israel community.

For just $6 a month, you can help support our quality journalism while benefiting from The Times of Israel WITHOUT ADVERTISINGas well as access Exclusive Content only available to members of the Times of Israel community.

Thank you,
David Horovitz, founding editor of The Times of Israel

Join our community Join our community Already a member? Log in to stop seeing this

]]>
King Fahd National Library aims to boost international cooperation https://savemynjlibrary.org/king-fahd-national-library-aims-to-boost-international-cooperation/ Tue, 15 Feb 2022 18:08:12 +0000 https://savemynjlibrary.org/king-fahd-national-library-aims-to-boost-international-cooperation/ RIYADH: The handprints of regional and international stars featured in a “Wall of Fame” at Riyadh season attract visitors who want to get closer to their favorite celebrities and personalities. Everyone who performs at Riyadh Season has the opportunity to leave a handprint in a cement tray, with the final product displayed for all to […]]]>

RIYADH: The handprints of regional and international stars featured in a “Wall of Fame” at Riyadh season attract visitors who want to get closer to their favorite celebrities and personalities.

Everyone who performs at Riyadh Season has the opportunity to leave a handprint in a cement tray, with the final product displayed for all to see. The Wall of Fame is a version of the Hollywood Walk of Fame, which is an internationally recognized landmark and has over 2,700 stars honoring the biggest names in the entertainment industry.

The Wall of Fame bears the handprints of celebrities such as Bollywood actor Salman Khan, Syrian singer Assala Nasri, Egyptian comedians Mohamed Henedy and Bayoumi Fouad, Kuwaiti actor Hassan Al-Balam, Saudi singer Abdul Majeed Abdullah, the Lebanese artist Elissa and the Moroccan. Cheb Khaled.

Saudi singer Abdulmajeed Abdullah adds his hand print to the ‘wall of fame’ in Riyadh season. (Provided)

Ayman Al-Hadi thought the idea was “brilliant” because people would go to the Wall of Fame to take a photo with their favorite celebrities and feel close to them.

“I expect Saudi singer Rashed Al-Majid to get his copy soon as he is giving a concert soon and I am delighted to see him,” he told Arab News.

Another visitor, Ahmed Mohammed, said: “I’m a fan of comedy icon Tariq Al-Ali. He’s a source of happiness, he brings a smile to everyone’s face in the Gulf region, and I came to see and take a photo of my favorite celebrity’s handprint here. It is a great idea to collect celebrity handprints and provide a memorable moment for fans visiting this magnificent landmark.

Faisal Mohammed Yousuf said he was happy to see the handprints of so many celebrities gathered on the Wall of Fame. “There is a Hollywood Walk of Fame in the United States, but now we have it here, I’m happy to see it here. It’s a good place to visit.

Bollywood superstar Salman Khan’s handprint at the Wall of Fame

Hennan Mohammed described herself as a “huge fan” of Khan and that she had visited Riyadh this season to see his mark on the Wall of Fame. “I will be happier to see him in person. I have seen all of his films. What means more here in Wall of Fame is that it brings together celebrities from many nationalities with their handprints on a wall, which is a unique idea.

Ibrahim Al-Haiti said he had admired Nasri for a long time and was a big fan of her. “I listen to her a lot. I want to meet her, so the closest thing to meeting her is the handprint here. I’m happy to be here and take pictures. I like the idea of ​​the Wall of Fame uniting celebrities of different nationalities.It means the presence of those stars who shine here with their handprint, and their presence when they came here.

]]>
New from ACRL – “Once Upon a Time in the University Library: Storytelling Skills for Librarians” https://savemynjlibrary.org/new-from-acrl-once-upon-a-time-in-the-university-library-storytelling-skills-for-librarians/ Wed, 26 Jan 2022 08:00:00 +0000 https://savemynjlibrary.org/new-from-acrl-once-upon-a-time-in-the-university-library-storytelling-skills-for-librarians/ CHICAGO – The Association of College and Research Libraries (ACRL) announces the publication of “Once Upon a Time in the University Library: Storytelling Skills for Librarians», edited by Maria Barefoot, Sara Parme and Elin Woods. This fun and eminently readable guide offers innovative ideas for integrating storytelling into your teaching and communication, and can inspire […]]]>

CHICAGO – The Association of College and Research Libraries (ACRL) announces the publication of “Once Upon a Time in the University Library: Storytelling Skills for Librarians», edited by Maria Barefoot, Sara Parme and Elin Woods. This fun and eminently readable guide offers innovative ideas for integrating storytelling into your teaching and communication, and can inspire you to invent new ways to use it in your work.

You could say that telling stories is being human. Storytelling has evolved alongside us to provide entertainment through literature, drama and visual arts. He helps shape society through parables, moral tales, and religion. Storytelling plays a role in business, law, medicine, and education in modern society.

Academic librarians can apply storytelling the same way teachers, artists, lawyers, and businesspeople have done for centuries, as education as part of teaching mastery of information and as communication in the areas of referral, awareness, management, evaluation, etc. “Once Upon a Time in the College Library” explores the applications of storytelling in college librarianship in three sections:

  • The Information Literacy Classroom
  • Batteries
  • Physical and virtual spaces of the library

An in-depth introduction addresses the historical and theoretical roots of storytelling, as well as the mechanisms and applications of social justice. Chapter authors demonstrate the use of storytelling to share diverse perspectives that connect with their users, and each chapter contains practical examples of how storytelling can be used in the library and cultural considerations for audiences . The first section focuses on storytelling as a teaching tool; the others include examples of how storytelling has been used as a method of communication in collection sharing and development, at service points and in online spaces.

“Once Upon a Time in the University Library” is available for purchase in to print and as Ebook through the ALA online store; in print via Amazon.com; and by phone order at (866) 746-7252 in the United States or (770) 442-8633 for international customers.

##

The Association of College & Research Libraries (ACRL) is the higher education association for college libraries and librarians. Representing nearly 9,000 people and libraries, ACRL (a division of the American Library Association) develops programs, products and services to help those who work in academic and research libraries learn, innovate and lead within the university community. Founded in 1940, ACRL is committed to advancing learning, transforming scholarship, and building diverse and inclusive communities. Find the ACRL on the the Web, Facebook, Twitter, instagramand Youtube.

]]>
Are you ready for the FIFA World Cup Qatar 2022™? https://savemynjlibrary.org/are-you-ready-for-the-fifa-world-cup-qatar-2022/ Tue, 25 Jan 2022 08:00:00 +0000 https://savemynjlibrary.org/are-you-ready-for-the-fifa-world-cup-qatar-2022/ Are you ready for the FIFA World Cup Qatar 2022™? Match schedule More details to come Register NationalityAfghanistanAland IslandsAlbaniaAlgeriaAmerican SamoaAndorraAngolaAnguillaAntarcticAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamianBahrainBangladeshBarbadosBelarusBelgiumBelizeBenignBermudaBhutanBoliviaBosnia and HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritoryBrunei DarussalamBulgariaBurkina FasoBurundiCambodiaCameroonCanadaGreen capCayman IslandsCentral African RepublicChadChileChinachristmas islandCocos (Keeling) IslandsColombiaComoroscongoCongo, Democratic Republic ofthe cook islandsCosta RicaIvory CoastCroatiaCubaCyprusCzech RepublicDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEthiopiaFalkland Islands (Malvinas)Faroe IslandsFijiFinlandFranceFrench GuianaFrench PolynesiaFrench Southern TerritoriesGabonGambiaGeorgiaGermanyGhanaGibraltarGreeceGreenlandGrenadeGuadeloupeGuamGuatemalaGuernseyGuineaGuinea-BissauGuyanaHaitiHeard […]]]>



Are you ready for the FIFA World Cup Qatar 2022<img src="https://s.w.org/images/core/emoji/13.1.0/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" />?

















Match schedule

More details to come
cool-img

]]>
2021’s Best Debt Consolidation Loans: Top Lenders https://savemynjlibrary.org/2021s-best-debt-consolidation-loans-top-lenders/ Wed, 12 Jan 2022 03:53:43 +0000 https://savemynjlibrary.org/?p=765 This article is sponsored content. Interested in advertising with us? Click here. This young couple never imagined being where they are now three years ago. The hope with which they started their small eatery at the outskirts of Dallas had crashed, and they are now caught in an endless debt trap, unable to find a […]]]>

This young couple never imagined being where they are now three years ago. The hope with which they started their small eatery at the outskirts of Dallas had crashed, and they are now caught in an endless debt trap, unable to find a way out.

Incidentally, they are not the only ones facing such a dilemma. Thousands of people across the United States face the same fate. Americans, with only one type of debt, owe over $100,000 on average, and at least 60% of Americans are in deep debt.

In the past 30 years and a trifle more, debt has been on a prowl across the country, murdering the American dream almost with impunity.

The barista at your neighborhood coffee bar is forced to work an extra shift daily only to make ends meet. The single mom lives in a state of claustrophobia under persisting anxiety over how she will keep her child fed. You may even find the high school student next door unsure about whether he or she would be able to make it to college without walking into debt. Your neighbor may even tell you how they are often forced to borrow more to repay earlier outstanding loans.

This is the narrative that defines Americans today. It seems almost every soul you see rushing for work is carrying an invisible pile on their head — the stack of unpaid tax and credit card bills.

The boulder of debt has crushed the American dream, pulverizing people pervasively as it keeps rolling unchecked.

Yet, in this all-pervading gloom, the country offers you scope to live a life of total freedom from all debts. There are two options. You can live a spartan life and stay clear of expenses that may take you your whole life to pay back, or you can avail of the service and guidance of a reliable debt consolidation company, which will show you the path to freedom from debt.

We know and understand your desperation to come out clean from your debts and your aspirations to live a life of freedom hereafter. And we feel your best option is to walk into the office of a reputable debt consolidation company and walk out as a free man. In their efforts to navigate you to freedom from debts, these companies usually consolidate all of your outstanding debts and negotiate a settlement by paying a part of what you owe.

Your freedom from debts, however, will depend on which company you finally decide to work with. Therefore, you must do your due diligence before you select the debt consolidation company to bail you out of the debt traps, or else you may walk into a bigger risk and messy financial arrangements.

List of the Best Debt Consolidation Companies of 2021

  1. CuraDebt — Overall Best Loan Consolidation Company
  2. Accredited Debt Relief — Best for Consolidating Debt to Save Hundreds of Dollars
  3. National Debt Relief — Best for Credit Card Consolidation Loan
  4. Citizens Debt Relief — Best for Fast & Consolidated Debt Relief
  5. DMB Financial — Best for Debt Settlement with Easy Repayment Terms
Courtesy of Credit Pros

#1. CuraDebt: Overall Best Loan Consolidation Company

The financial WizKids, who set up the company in 2000, has been aiding individuals and small businesses to walk out of their debts since 1996. And since then, the company has, thus far, helped thousands resolve their debts and created awareness about the importance of saving.

In the past 21 years, CuraDebt has earned an unparalleled reputation for being the best. It is believed that your passage from financial hardship to comfort can never be easier, faster, and smoother if you are not working with CuraDebt for your debt consolidation and resolution. Although the company consolidates and settles all kinds of debts, it is known for its specialization in tax debts, which most debt consolidation companies refuse to dabble in.

The transparency with which it usually offers, the efficiency with which it handles clients’ debt issues, and the speed with which it takes its customers from financial bondage to freedom have all become fables in the business of debt consolidation and settlement.

Highlights

  • CuraDebt’s services and programs are indeed one of the widest in the market. The company consolidates and settles credit card debt, medical debt, personal loans for debt and payday loans, tax debts, and private student loans.
  • The company does not insist upon a specific minimum amount of debt for a client to qualify for receiving services or the debt settlement programs. It, on the contrary, offers free consultation on how it proposes to consolidate and settle the debts and explains in detail the company’s working modules.
  • While most debt relief providers do not offer their services to clients having tax debts, CuraDebt offers help to enable you to settle your Federal and State taxes.
  • At the core of its unblemished reputation lies an army of happy clients who were successfully aided to move on with life free from debts.
  • CuraDebt offers one of the best ease of consultations. You can talk to any of its consultants either over the phone or meet one in person at the company’s office in Hollywood. The consultation is free because CuraDebt understands the angst a debtor is already in. This policy speaks volumes about the company’s sensitivity for the millions poorly mired in debts of all kinds.
  • The company is a member of the American Fair Credit Council (AFCC) and is certified by the International Association of Professional Debt Arbitrators (IAPDA).

Pros

  • No upfront fees or enrollment fees.
  • Available across 50 states of the U.S.
  • Settles outstanding debt issues between 24 and 48 months.
  • Works primarily on a flat-rate fee structure.
  • Charges 20% of what you owe.

Cons

  • Offers no help in lawsuits, utility bills, auto, student, or government loans, mortgage or home loans, and other secured debts.
  • No mobile applications and dashboards.
  • Not accredited with the Better Business Bureau.
Courtesy of Credit Pros

#2. Accredited Debt Relief: Best for Consolidating Debt to Save Hundreds of Dollars

The runner-up position on our list goes to none other than Accredited Debt Relief. The Texas-based firm is one of America’s leading companies with years of experience in debt consolidation under their belt and is an A+ accredited business under the Better Business Bureau (BBB). The firm is also certified by the American Fair Credit Council (AFCC). Accredited Debt Relief understands the frustration and suffering of multiple crushing debts and predatory interest rates from loans. So, the company tries to offer specially tailored services based on the needs and nature of a client’s unsecured loans. The company operates on three core values:

  1. Clients should come first, and each should be given a uniquely optimized solution to handle their situation.
  2. The company must try everything it can to help increase the financial savings of the client.
  3. The company must maintain honesty and transparency with the client at all times. The client came for help in desperate times, so it is immoral to fleece them.

Following these guidelines, the company has helped settle over $500 million in debt for over 140,000 Americans. Accredited Debt Relief can help you reduce your total debt by a whopping 50% by consolidating multiple debts into one and by helping you become debt-free as early as 12 months. If you have a debt of $25,000 or more, Accredited Debt Relief can significantly cut down your monthly payments. With a debt of $25,000, you can end up paying as low as $408 per month at 0% interest on the minimum amount and become debt-free in 48 months.

Getting started is easy. Accredited Debt Relief will ask you about your debt and quote you for service charges and consolidation loan amounts. Consultation and saving estimates are free, and you do not even need to pay any upfront enrollment fee.

Customer reviews for this firm have been nothing short of stellar. Accredited Debt Relief’s website proudly shows an average score of 4.9 stars out of 5 by Trustpilot. One verified customer stated that it was, “The best call I have ever made,” while another customer called the whole experience with the company, “Quick and painless.” So, what are you worrying about? Get relieved of debt by Accredited Debt Relief today.

Highlights

  • Reduces your debt by a maximum of 50%.
  • Combines multiple debts into a single easy to manage one.
  • Saves you hundreds of dollars each month.
  • Get approved for debt consolidation even if you have an imperfect and minimum credit score.
  • Easy to apply, and it is as simple as getting a quote online.
  • Over one million people have applied, with 140,000 clients enrolled and $500 million in debt resolved.
  • Be debt-free in as little as 12 to 48 months.

Pros

  • BBB rating of A+ and accredited by the AFCC.
  • Free consultation and saving estimates.
  • No upfront enrollment fee.
  • 0% interest rate on minimum monthly payment.
  • 9-star review on Trustpilot.
  • Norton-secured website.

Cons

  • Only ideal for unsecured debts or debts above $10,000.
Courtesy of Credit Pros

#3. National Debt Relief: Best for Credit Card Consolidation Loan

Since its founding in 2009, National Debt Relief has been a consistently high-ranking debt consolidation and relief firm. It has not changed as of 2021, as we place National Debt Relief at our number three spot. The New York-based firm is an A+ business accredited by the BBB. National Debt Relief is also certified by the International Association of Professional Debt Arbitrators (IAPDA) and AFCC. Whether it is major credit card debt, bank loans, or medical debt, National Debt Relief has you covered and can lower your debt by up to a staggering value of 50%. The company only charges 15-25% of your total debt as fees, so they still lower your debt by roughly 30% even after paying National Debt Relief. You can achieve all of this in just a period of two to four years. You might be thinking that is a long time, but remember that paying off a large debt otherwise can often take decades, if not a lifetime. Initial consultation and savings estimates are free, so you can get a good idea of what you are getting before you need to shell out even a single dollar. Even then, no upfront payment is necessary.

Qualification is easy, provided you have a minimum debt of $7,500 that belongs to one of the qualified types of debt.

National Debt Relief has been featured as a leading debt consolidation firm multiple times by Top Consumer Reviews, Top 10 Reviews, and Consumer Advocate. It has almost a perfect 5-star review on TrustPilot based on 32,000+ reviews and 4.6/5 stars on Google based on over 2,000 customer reviews. One customer, Amber P., writes, “It has been a lifesaver. We were drowning in CC debt and National Debt Relief had helped us. I am so glad I called.” Bobby A. says, “National Debt Relief helped me settle my debts that were choking me.”

With such fantastic customer reviews and services, National Debt Relief is a no-brainer solution if the unrelenting weight of debt is crushing your life. No longer do you have to lie sleepless at night wondering if your house will be repossessed or if your credit score tanked, hamstringing future financial prospects. In a nation falling increasingly in the jaws of debt, National Debt Relief is welcome salvation for many Americans.

Highlights

  • Reduces your debt by a maximum of 50% or 30% after fees.
  • Choose between debt consolidation and debt relief, each one with its unique pros and cons.
  • Get your debt consolidated even if it is as low as $7,500.
  • Be debt-free in as little as 12 to 48 months.

Pros

  • BBB rating of A+.
  • Accredited by the AFCC and AIPDA.
  • Choose between debt consolidation and debt settlement.
  • Free consultation and saving estimates.
  • No upfront enrollment.
  • 5-star review on Trustpilot and 4.6 on Google.
  • Consistently high rated by reputed media sources.

Cons

  • Must fall in one of the eligible debt types to qualify.
Courtesy of Credit Pros

#4. Citizens Debt Relief: Best for Fast & Consolidated Debt Relief

At our number four spot is New York-based firm Citizens Debt Relief. Despite being a new company established in 2017, AFCC and IAPDA already accredited Citizens Debt Relief. The company is also a certified primary member of the Consumer Debt Relief Initiative (CDRI) in 2021 and an authorized partner of Consumer Affairs. Citizens Debt Relief functions on the four pillar philosophies of diversity, transparency, respect, and integrity. It ensures each customer is given optimal attention, help, and a fair chance to clear their debt.

Initial consultation and getting a quote is free, and Citizens Debt Relief suggests to every customer a five-step system to a debt-free existence.

1. Enroll. This is as simple as calling them or signing up on their website. You will be assigned a free consultation to examine your finances and credit history to see if you qualify for debt consolidation. There are no upfront fees until your debt is successfully consolidated and reduced.

2. Payment Plan. Citizens Debt Relief will help you set up one monthly payment plan according to your current budget and earnings. This helps optimize the installments while slowly paying off your debts and still living a decent life.

3. Communication with Your Creditor. Citizens Debt Relief will tell your creditors they are handling your debt.

4. Debt Reduction. After you have built up a sufficient amount of money in your trust account, Citizens Debt Relief will contact your creditors and try to negotiate a reduction in your debt. The firm has a history of dealing with a 40-60% debt reduction, which is fantastic.

5. Be Debt Free. Citizens Debt Relief will then pay back your creditors from the money you put in the trust account. One by one, your debt will reduce over time, and Citizens Debt Relief will claim its fees.

That is how simple it is. However, one thing to note is that while you are actively working to pay off your debts, Citizens Debt Relief will freeze all of your credit cards to avoid further spending. This is to prevent your debts from becoming even higher and unviable with the current payment plan. Citizens Debt Relief says that under ideal circumstances, customers can usually pay off their debt in 12 to 48 months, depending on how high their debt is.

If you do not mind your credit cards getting frozen, Citizens Debt Relief is an excellent option for any American to slowly but surely settle your debt while still living a dignified life. Sadly, however, Citizens Debt Relief does not offer its services in all 50 U.S. states. So, it is prudent to check their website and see if you qualify before moving forward with an application.

Highlights

  • Reduces your debt by 40-60%.
  • Pay off all of your debts from a single monthly payment.
  • Easy to join and get a free quote.
  • No impact on your credit score.
  • Be debt-free in as little as 12 to 48 months.

Pros

  • Accredited by the AFCC and AIPDA.
  • Authorized partner of CDRI and Consumer Affairs.
  • Free consultation and saving estimates.
  • No upfront enrollment.

Cons

  • Does not provide service to all 50 U.S. states.
  • Your credit cards will get frozen while you pay off your debt.
Courtesy of Credit Pros

#5. DMB Financial: Best for Debt Settlement with Easy Repayment Terms

Last but certainly not least is DMB Financial’s debt consolidation services. Based in Massachusetts, DMB Financial is a proud member of the North Shore and Greater Beverly Chambers of Commerce. DMB Financial is also an AFCC as well as an IAPDA-certified firm. DMB understands that unsecured debts can be a significant burden, and repaying minimum amounts does not get you anywhere close to settling your debts. It can lead to a lifelong debt trap. So, the company offers affordable solutions to debt consolidation and easy loan repayment terms.

Signing up with DMB Financial is easy and free. All you have to do is contact them via their website, email, or phone. A DMB Financial consultant will get in touch with you and organize a free consultation where they will review your case and check if you qualify. If you do, they will advise you on a set course for debt repayment. DMB makes customized debt consolidation plans for each customer for all of their unique needs. This plan will ask you to pay a monthly amount to a savings account set up by DMB Financial. As you pay back your debts, the money will accumulate in that savings account from which they will be delivered to your creditors. DMB Financial will also talk to your creditors on your behalf and reach a debt settlement so you can have a significant debt reduction. It can help you save thousands of dollars.

DMB Financial has helped over 30,000 customers consolidate and settle over one billion dollars worth of debt. DMB Financial has a 5-star BBB customer rating for its exceptional track record and is ranked among Inc company profile 5000. Customer reviews have also been great. Tia P. from Texas says, “They do exactly what they say they’ll do. It does take time but I have no complaints so far.”

Highlights

  • Reduce your debt by 40-60%.
  • Pay off all of your debts from a single monthly payment.
  • Get a free consultation and plan.

Pros

  • Accredited by the AFCC and AIPDA.
  • 5-star BBB customer rating and member of Inc 5000.
  • Free consultation and planning.

Cons

  • Does not provide service to all 50 U.S. states.
  • No mention of an estimated amount of debt reduction you can anticipate or how much DMB charges you as fees.

How We Chose the Best Debt Settlement Companies

We virtually handpicked the five best debt consolidation companies from a confusing multitude, spending weeks studying every company in the business. We started our search for the best by probing into their reputation and standing in the business. The other points we looked into while choosing the best debt settlement companies were:

  • Their rate of success in consolidation and settlement of debts.
  • Their areas of specialization. By this, we mean what kind of debts the companies work with. We found most of these companies deal with credit card debts, and only a few among them also settle student loans, medical loans, and unpaid taxes.
  • We ensured the debt consolidation companies were certified by the National Foundation for Credit Counseling or the Financial Counseling Association of America.
  • We checked their reputation in the market, reliability, and fees for their services.
  • We read the reviews and ratings they received from their clients, which helped us immensely in making our selection. We selected the best based on the client reviews and ratings.

Our selection was shaped largely by the quality of service a debt consolidation company usually offers. Companies that provide average or poor services are not the kind of firms we wanted to recommend. And obviously, we did not consider such companies. We tried to fish out the best and most effective ones who could consolidate and settle all of your outstanding debts and confer a decent credit score of over 750 or more.

The five companies that finally met our criteria are the best we could find. They are reputable, reliable, effective, have all necessary certifications, are well-reviewed and well-rated, and charge a reasonable fee for their services.

The Guide to Finding the Right Debt Consolidation Loan & Settlement Company

In the period leading to the economic downturn of 2008, a lot of debt consolidation and settlement companies worsened an already deteriorating economy. The situation warranted the creation of the Consumer Financial Protection Bureau (CFPB) and a host of checks and balances to protect both the debtors and the creditors from the growing unethical business practices of many debt consolidations and debt settlement companies. The reforms CFPB brought in made the business of debt settlement more transparent and helpful to people in need of the services.

Still, unfortunately, not all of the players of this sector abide by the rules in words and spirit. Only a few do, and they are the companies you should approach to settle your financial burdens. The key, therefore, lies in finding the right and ethical company.

This section of the article is designed to guide you in finding the company you are searching for. Here are some of the points you must consider before hiring the services of any company.

Verify the Reputation of the Company

The best way perhaps is to approach the Consumer Financial Protection Bureau (CFPB) for this. Write to the agency and ask them if there has ever been any complaint against the company you want to work with to settle your outstanding debts. You can also write to your State Attorney General asking the same question about the company in question.

Read the reviews given by clients about the company on some reputable third-party websites, and you will find many clients talking about their experiences of working with the company. These reviews will enable you to form an idea about the company’s working modules, efficacy, transparency, and honesty.

Upfront Fees

In 2010, the Federal Trade Commission prohibited all debt consolidation and settlement companies from taking any upfront fee from clients and from giving consultation over the phone. These companies can charge a fee only after serving you. So, check out this matter before hiring any company or buying any service.

Check Out the Company’s Track Record and Experience

You must know the company’s track records and experience before you hire it for the settlement of your debts. Always opt for a company with a good track record of success, and the success of a company depends on the experience of its counselors.

Settlement Time

Debt consolidation and settlement cannot be done overnight. The process takes time but not years on end. Usually, the process takes 24 to 48 months, and a company that takes more than four years is inefficient and should not be considered.

Benefits You Can Derive from Debt Consolidation 

When you use your credit card balance to buy anything, like a new home or a new car or take a personal loan for education, you walk into the murky world of debt, which often spirals into an unmanageable proportion unless you know the secrets of handling them. Debt consolidation offers you a unique strategy that can make the management of all of your debts simple. In fact, debt consolidation can bring you a host of advantages, which include:

  • If you are using more than one credit card, you can turn multiple debts into one and make the servicing easy. This system or arrangement will lighten the weight on your shoulder and may also make you pay less. Debt consolidation will not wipe out any portion of your debt but will spare you from remembering all of those multiple payment dates. With all of your debts turned into one source, you can concentrate on one date.
  • Debt consolidation may allow you to pay less interest. Unsecured debts, incurred especially from using multiple credit cards, make your debt pile up. Consolidation of all debts can reduce your interest payment by 4 to 7%, and that is a big advantage of debt consolidation.
  • The method can even improve your credit score up to 827, which is excellent.
  • Consolidating all of your debts into one will lessen the stress on you. You will then be able to enjoy life better.
  • For many, paying out the dues incurred from using credit cards stretches for years on end. The creditors do not mind the repayment stretching endlessly as long as the debtor keeps paying the interest. For them, it is an earning. So, the consolidation of multiple debts into one helps the debtors to pay out the outstanding significantly quicker.

FAQs: Debt Consolidation Loans with Low Credit Score

Q. How do debt consolidation and settlement companies work?

The primary aim of debt consolidation companies is to save your money in servicing your debts. They do it by combining multiple debts into one so you do not have to remember so many dates. You can repay all of your debts by paying the monthly installment only once every month.

Most debt consolidation companies also sell debt settlement programs. These companies negotiate with the creditors and wipe out your debt by paying only a portion of what you owe. In this process, you end up paying less, saving at least 30%.

Q Are the services of debt consolidation and debt settlement companies expensive?

Debt consolidation and settlement programs can be expensive if you, by mistake, walk into the traps of some shady companies. But, if you work with good and reputable companies, you can go through your journey to freedom from debts with a happy memory and a cherishing experience.

Usually, reputable companies are honest, and their business policies are transparent. Their service fee usually ranges between 18 and 25% of your enrolled debt. Even after paying the service fee, you will save a substantial amount of money after the consolidation and settlement of your debts.

But, buying the services of debt consolidation and settlement companies can be expensive if you work with small and lesser-known shady companies. Such firms will fleece you and will make you spend more for many of their hidden charges. So, beware of such companies and work with reputable firms only.

Q. Do debt consolidation programs affect the credit scores of individuals?

No, working with debt consolidation and settlement firms will not affect your credit score or lower it if you buy the services of a reputable establishment. Creditable firms do not resort to any dubious methods to consolidate and settle the debts of their clients, as their mode of function is transparent and legal. Working with them, on the contrary, may jack up your credit scores and reinforce your credibility. This, however, may not happen if you work with a questionable company.

Q. What are debt consolidation and debt settlement?

Debt consolidation and debt settlement are the two sides of the same coin. They are programs designed to help individuals and companies come out of their debts through honorable negotiation. Debt consolidation is a program designed to combine multiple debts, primarily incurred using more than one credit card.

Debt settlement is also a financial program designed to wipe off or settle outstanding debts by paying out a portion of the loan amount still owed by the debtors.

Both debt consolidation and debt settlement programs aim to save the debtors money and make repayment more manageable.

Q. Are there any alternatives to debt consolidation and debt settlement?

Technically, there is an alternative available. You can declare yourself bankrupt. The creditors can confiscate your assets, liquidate them, and distribute the cash among themselves. Declaration of bankruptcy is legal and will provide you immunity from lawsuits and those irritating collection calls.

Declaring yourself bankrupt may not always be a good option and never to most people. It may affect your credit scores, which will remain on record for at least ten years. Moreover, if you take this drastic step, you may have to begin your life all over again from scratch, as you may have to wash your hands of all of your assets and properties.

Q. Who should avail of the services offered by debt consolidation and settlement companies?

The answer is simple. Obviously, people who are into debts and have exhausted all means of repayment or settling their outstanding are the ones who would avail of the services offered by debt consolidation and settlement companies. You may have been regular in servicing your debts initially, but, with time and under some compelling situations, your regularity might have taken a beating. Personal loans may have assumed humongous proportions, and repayment has become a challenge. It is then you may need to avail of the services of debt consolidation and settlement companies.

Conclusion

Can there be anything more blissful and joyous than a life free of debts? We guess not. You, too, can have a debt-free life if you can simply change the way you look at money and use it. There are hundreds and thousands of families like Eric’s. His family is debt-free now but was not five years ago. He, too, was in deep debt but paid off $200,000 because he worked with a debt consolidation company. The company showed him an alternative way to live and changed how he looked at the money earlier.

To enjoy a life free of debts, you need to make a studied decision, walk into the office of a good debt consolidation company, and follow the experts’ advice to go through the journey to become 100% debt-free. And, in four or five years, you can enjoy the life Eric is now experiencing.

The five companies we have mentioned and reviewed in this article are the most qualified we found to become partners in your journey to a debt-free life. You can avail of the services of any one of the companies we have listed. They will take you out of your debts and help you regain control over your money, help to build wealth, and gain back the confidence you may have lost.

]]>
5 Best Debt Consolidation Loans of 2021 https://savemynjlibrary.org/5-best-debt-consolidation-loans-of-2021/ Wed, 12 Jan 2022 03:53:32 +0000 https://savemynjlibrary.org/?p=762 If you have several high-interest loans, debt consolidation can help you manage your finances by combining multiple debts into a single payment. We researched and selected the five best debt consolidation loans to help you get back on track and adequately manage your monthly bills. Our Top Picks for Best Debt Consolidation Loans LightStream – […]]]>

If you have several high-interest loans, debt consolidation can help you manage your finances by combining multiple debts into a single payment. We researched and selected the five best debt consolidation loans to help you get back on track and adequately manage your monthly bills.

Our Top Picks for Best Debt Consolidation Loans

  • LightStream – Best for Excellent Credit
  • SoFi – Best for Low Interest Rates
  • PenFed – Best for Small Debt
  • Fiona – Best for Bad Credit
  • Discover – Best for Credit Card Debt Consolidation

Best Debt Consolidation Loans Review

  • No fees for loan application, origination or prepayment penalty
  • No appraisals
  • Choose when you want to receive your money
  • Rate discount when you choose autopay
  • Minimum loan amount is $5,000
  • Autopay discount option only available before loan funding
  • Lowest rates require excellent credit

LightStream is our top choice for borrowers with excellent credit who don’t want to pay origination fees or prepayment penalties on their debt consolidation loan. The company offers personal loans up to $100,000 with funding available the same day of approval, and has one of the lowest annual percentage rates (APR), starting at 5.93% with an autopay discount.

LightStream also features a completely online application and a debt consolidation loan calculator with a soft credit check that won’t lower your score. With its Rate Beat Program, LightStream claims it will lower your rate by .10 percentage points if you are approved by a competing lender for an unsecured loan with the same terms.

LightStream holds the #1 spot on J.D. Power’s Consumer Lending Satisfaction Study of 2020.

  • Fixed rates from 4.99%-19.63% with autopay discount
  • No late fees on personal loans
  • Pay lenders directly
  • Funds are not available on the same day of approval
  • Loan terms start at three years up to seven years
  • Minimum loan amount is $5,000

SoFi offers credit card consolidation loans rates starting at 4.99% APR with AutoPay. Most lenders have interest rates up to 35.99%, but SoFi caps their competitive rates at 19.63% APR with AutoPay discount. If the customer declines the AutoPay option, interest rates will be higher.

SoFi’s personal loans have no fees, and customers can make payments and check their loan status on the SoFi mobile app, available for iOS and Android. The company also offers online prequalification with a soft credit pull, fixed rates for the life of the loan, and a fixed payment schedule.

SoFi takes the #4 spot in JD Power’s Consumer Lending Satisfaction Study of 2020.

  • APR starts at 5.99%
  • Apply and check application status online
  • The loan is funded 1-2 business days after approval
  • Loans are up to only $50,000
  • You need to be a member of the credit union to apply

PenFed personal loans start at $600, making it the best lender for someone with debt obligations under $1000. This lender has fixed interest rates, a debt-to-income calculator, and an online application. PenFed also has a mobile application for iOS and Android where members can check their loan status, make loan payments, mobile deposits, and transfer your money between accounts.

To become a member of the PenFed credit union, customers have to open a savings account with a minimum deposit of $5. After approval, the loan is disbursed within 1-2 business days. The APR rate at the time of loan approval is based on creditworthiness, a credit inquiry, and the length of the PenFed membership.

PenFed is not part of J.D. Power’s Consumer Lending Satisfaction Study of 2020; however, it made it to our top list for its low interest rates and no loan fees.

  • Works with any type of credit
  • Online application process
  • Online loan calculator
  • Credit requirements depend on the company selected
  • Some lenders will charge an origination fee of 1-6% of the loan amount

With partnerships with LendingClub, SoFi, Avant, and Marcus by Goldman Sachs, among others, Fiona stands out for providing debt consolidation options for people with any type of credit. Fiona also offers no application fee or prepayment penalty, a complete online application process, and customer service by email or phone.

Fiona loan offers include refinancing for secured and unsecured loans including auto, student loan, and mortgage refinance. The company also provides customers with a reference blog about debt repayment and other financial advice.

Fiona is not part of J.D Power’s Consumer Lending Satisfaction Study; however, some of its partners are on the 2020 list.

  • Several debt consolidation options: balance transfer, personal loans, home equity loans, student consolidation loans
  • Application assistance by loan specialists
  • Discover mobile application
  • Eligibility requirement of a minimum household annual income of $25,000
  • Late payment fee of $39

Discover offers a wide variety of options for debt consolidation. Customers can select a credit card balance transfer with a promotional interest rate, apply for a personal loan, or use their home equity for debt consolidation. Discover doesn’t charge any origination fees, and its personal loan rates are between 6.99%-24.99% APR.

Discover offers customer service 24/7 over the phone and has a mobile app for iOS and Android that allows customers to check their FICO score, access their bank account, make payments, and check balances, among other features.

Discover holds the #3 spot for J.D. Power’s Consumer Lending Satisfaction Study of 2020.

Other lenders we considered

National Debt Relief

  • Negotiate with creditors to settle outstanding debt
  • Online quote
  • Only work with clients that have at least $7,500 in debt
  • A fee of 15-25% of the debt amount

National Debt Relief didn’t make it to our main list because qualifying borrowers need to have at least $7,500 in high-interest debt. Also, they charge a fee of at least 15% of the debt amount. National Debt Relief is not a loan originator but instead a debt management service.

AM One

  • Helps with credit improvement if the loan is denied
  • US-based live support
  • Credit requirements depend on the company selected
  • No information about fees on the website
  • Credit requirements and APR depend on the company selected

There is not enough information about interest rates and loan fees on AM One’s website to include this lender in our top list. With AM One, interest rates and loan fees depend on the lender the borrower is matched with at the time of approval.

Upgrade

  • Funds within 24 hours after approval
  • No prepayment penalty
  • All personal loans have a 2.9% to 8% origination fee
  • The lowest rates require autopay and paying off a portion of existing debt directly

Upgrade didn’t make it into our main list because of its high origination fee and not ranking in J.D. Power’s Consumer Lending Satisfaction Study.

Best Egg

  • Approval in minutes
  • APR from 5.99%-35.99%
  • Below average in J.D. Power’s Consumer Lending Satisfaction Study
  • Origination fee of 0.99-5.99% of the loan amount

Best Egg is not part of our main list because of its high origination fee and below-average ranking in J.D. Power’s Consumer Lending Satisfaction Study.

Lending Club

  • Customized loan options
  • 15-days grace period after the due date to pay without penalties
  • Origination fee of 3-6% of the loan amount
  • Higher APR rates than other lenders, starting at 7.04%

Lending Club, a marketplace for debt consolidation loans, didn’t make it into our top selection because of its origination fee and higher interest rates than other lenders on our list.

OneMain Financial

  • Debt consolidation calculator
  • Loan specialist counseling
  • APR from 18%-35.99%
  • Late payment fees from 1.5-15% of loan payment
  • Origination fees from 1-10% of the loan amount

OneMain Financial is not part of our best personal loan list because of its high APR rates, origination fees, and late payment fees compared to other lenders on our list. Also, this lender scored a below-average rate in JD Power’s Consumer Lending Satisfaction Study.

Avant

  • Funded one day after approval
  • No prepayment penalty
  • Administration fee up to 4.75%
  • APR from 9.95%-35.99%

Avant didn’t make it into our top list because of its high interest rate and administration fee. Also, this lender rated below average in J.D. Power’s study about consumer lending satisfaction.

Marcus by Goldman Sachs

  • No fees
  • Loan options within 5 minutes
  • Loan disbursed within five days after approval
  • Rates from 6.99% APR to 19.99%
  • Not suitable for smaller debt

Marcus by Goldman Sachs isn’t on our top list because of their interest rates and longer waiting time for loan disbursement compared to other lenders.

Upstart

  • Loans from $1,000-$50,000
  • Check loan rate online
  • Only offers three and five years terms
  • FICO or Vantage Score of at least 600

Upstart didn’t make it into our best debt consolidation loans list because of their limited-term offering and below-average score on J.D. Power’s study. Upstart could be a good option for people with fair credit to excellent credit scores.

Ads by Money. We may be compensated if you click this ad.Ad

Debt Relief won’t fix all your debt problems, but can be a good option for some consumers

If you owe $15,000 or more in debt, Freedom can help you lessen the amount you owe and make managing your debt easier.

Enroll in a Debt Relief Program

Debt Consolidation Loans Guide

In this guide, you can find information about how debt consolidation loans work, step-by-step processes on how to apply, and other alternatives for debt management.

What is a debt consolidation loan?

A debt consolidation loan is an unsecured personal loan that combines several debts into one installment loan payment with a lower interest rate (APR). It’s designed to help borrowers manage credit card debt and unsecured debt with an outstanding balance and high APR rates.

There are different types of debt consolidation options:

  • Personal loan: unsecured loan to pay for existing debt, finance a big purchase, pay medical bills or cover home improvements or renovations
  • Balance transfer: when credit card debt is transferred to another credit card with a lower interest rate
  • Home equity loans and home equity lines of credit: lets the customer borrow money against its home equity. These are only tax-deductible when used for home improvements.

How does debt consolidation work?

Debt consolidation loans gather several debts into a new loan. The borrower uses the loan proceeds to pay other accounts, lowering their credit usage to one single lower monthly payment. Some financial institutions pay the lenders directly instead of depositing the loan money into a bank account.

How to get a debt consolidation loan

  1. Check your credit score. This will help you obtain quotes without incurring multiple hard credit inquiries. Equifax, Experian, and TransUnion are the three main credit bureaus.
  2. Make a list of all your debt and credit utilization.
  3. Check what interest rate you’re currently paying on your credit cards and other outstanding debt.
  4. Research lenders, their interest rates, loan terms and fees.
  5. Use a loan or a debt-to-income ratio calculator to get an idea of the rate you can obtain with your credit score and what payment options are the best for you.
  6. Decide on a lender that offers a lower interest rate — and lower payment — than what you currently have.
  7. If the pre-approved loan has a higher interest rate than what you’re currently paying for in your accounts, ask a co-borrower with good credit to co-sign it.
  8. Apply for a loan.
  9. Analyze your offer and accept it.
  10. Obtain the loan funds and pay your debt.

If your loan application is denied because of poor or no credit, the next step should be to improve your credit score and credit history. To fix your credit, you can find a credit repair service or research and improve your credit report on your own.

Does debt consolidation affect your credit score?

Yes, debt consolidation can have a negative or positive impact on your credit score. It all depends on the borrower making the right choices when it comes to loan selection. It’s important to know that debt consolidation is not a strategy to increase your credit score; however, it can prove to be beneficial in the long run if the borrowers make on-time payments and don’t incur any new debt.

Alternatives to debt consolidation loans

Instead of applying for a personal loan to consolidate debt, lenders and credit card companies offer other options to their customers.

Home equity loans (HELOCs)

Home equity loans and home equity lines of credit let the customer borrow money against its home equity. Home equity is the difference between the value or amount your home could be sold for and what you owe to the mortgage lender. With a loan, the home equity is disbursed in one payment, with a line of credit you can draw from the funds as needed. HELOCs come as loans or lines of credit. Both are only tax-deductible when used for home improvements.

Balance transfer credit cards

Moving balances from a card with a high APR rate to another credit card with a lower APR rate is an option to consolidate credit card debt. Many credit card companies offer no interest rates on their cards for 12 months, allowing customers to pay or lower their debt during that time.

Bankruptcy

Bankruptcy is a legal action taken by people or businesses unable to manage outstanding debt. It should be the last resource for dealing with creditors and debt issues. According to The United States Department of Justice, several repayment options are available when filing for bankruptcy.

The most common are:

  • Chapter 7: when a trustee takes control of your property to sell it or turn it into a profit to pay your creditors. Depending on the state you live in, and which federal laws apply to it, you’ll be able to keep some of your properties.
  • Chapter 13: A court approves a repayment plan where you agree to pay part of your wages to your creditors. A trustee will be appointed by the court to collect the money from you and make sure that the payment plan is completed.

Not all debt can be discharged by the court when you file for bankruptcy. Some of the debt that cannot be discharged is:

  • Child support
  • Student loans
  • Court fines
  • And most taxes

Bankruptcy will appear on your credit report for around ten years, making it more challenging to apply and be approved for credit in the future.

Try to avoid payday loans, which are loans given at a very high interest rate and have to be completely paid back when the borrower receives their next paycheck.

Debt Consolidation Loans FAQ

How do debt consolidation companies work?

Debt consolidation companies work with people to reduce their monthly debt by consolidating multiple debts into one. Some of these companies charge a fee of the debt amount to help their customers. Besides hiring a debt consolidation company, you can achieve debt consolidation through personal loans, balance credit cards, or home equity loans/lines of credit.

How to get a debt consolidation loan with bad credit?

There are companies, like Fiona, that work with customers with poor credit. For people with a bad or no credit history, APR rates are usually higher than those with excellent credit scores. Another option is to repair your credit and increase your credit score before applying for a personal loan.

Debt consolidation or bankruptcy, which is better?

Bankruptcy should be the last resort to managing your debt. Debt consolidation is a better option than bankruptcy and, with time, can help increase your credit score and improve its history. Bankruptcy stays in your credit report for up to 10 years.

What is the best debt consolidation loan?

In our selection of best debt consolidation loans, we recommend lenders that can help according to the needs of their borrowers. If you’re interested in paying no fees, we recommend LightStream. For lower interest rates, we recommend SoFi, and for bad credit, we recommend Fiona.

Where can I get a debt consolidation loan?

You can apply for a debt consolidation loan online using one of our recommendations, or you can also apply for a loan at banks, credit unions, online marketplaces, or through a debt consolidation agency like National Debt Relief.

How to get approved for a debt consolidation loan?

Before applying for a debt consolidation loan, check your credit score and debt-to-income ratio. Many borrowers require a minimum credit score of around 600 to qualify for a personal loan. You can research lenders, check rates, and apply for those who fit the criteria with that information. If your quotes come back with a high interest rate, consider applying with a co-signer, it can improve your chances of getting a better interest rate and lower monthly payment.

How We Chose the Best Debt Consolidation Loans

To select the best debt consolidation loans we took into consideration,

  • Lenders offering low APR Rates, a variety of loan repayment terms, access to loan specialists, an online application, debt calculator, fast funding, no application fees or a low origination fee
  • J.D. Power Consumer Lending Satisfaction Study: This study measures overall customer satisfaction based on application and approval process, loan management, offerings, and terms and closing
  • Companies with customer service available through phone, chat, or email

Summary of Money’s Best Debt Consolidation Loans of 2021

  • LightStream – Best for Excellent Credit
  • SoFi – Best for Low Interest Rates
  • PenFed – Best for Small Debt
  • Fiona – Best for Bad Credit
  • Discover – Best for Credit Card Debt Consolidation
]]>
Debt Consolidation Market to Experience Robust Expansion by 2028 – Major Key Players https://savemynjlibrary.org/debt-consolidation-market-to-experience-robust-expansion-by-2028-major-key-players/ Fri, 07 Jan 2022 04:41:51 +0000 https://savemynjlibrary.org/debt-consolidation-market-to-experience-robust-expansion-by-2028-major-key-players/ New Jersey, United States, – The Global Debt Consolidation Market report is one of the most comprehensive and significant additions to the market research archive of Market Research Intellect. Provides detailed research and analysis of the major aspects of the global Debt Consolidation market. The market analysts who produced the report have provided detailed information […]]]>


New Jersey, United States, – The Global Debt Consolidation Market report is one of the most comprehensive and significant additions to the market research archive of Market Research Intellect. Provides detailed research and analysis of the major aspects of the global Debt Consolidation market. The market analysts who produced the report have provided detailed information on key growth drivers, restraints, challenges, trends, and opportunities to provide a comprehensive analysis of the global debt consolidation market. Market players can use the analysis of market dynamics to plan effective growth strategies and prepare for future challenges in advance.

Each trend in the Global Debt Consolidation Market is carefully analyzed and researched by market analysts. Market analysts and researchers have performed an in-depth analysis of the global debt consolidation market using research methodologies such as Pestle and Porter’s Five Forces Analysis.

They have provided accurate and reliable market data and helpful recommendations with the aim of helping players get an overview of the overall current and future market scenario. The Debt Consolidation report includes in-depth research on potential segments including product types, applications and end-users along with their contribution to the overall market size.

Get | Download a sample copy with table of contents, graphics and list of [email protected] https://www.marketresearchintellect.com/download-sample/?rid=333893

The main players covered by the debt consolidation markets:

  • Marcus by Goldman Sachs (US)
  • OneMain Financial (United States)
  • Find out about personal loans (United States)
  • Loan Club (United States)
  • Payment (United States)

Market segmentation of automated drug delivery systems:

The Automated Drug Delivery Systems market report has categorized the market into segments comprising by product type and application. Each segment is evaluated based on share and growth rate. Meanwhile, analysts looked at potential areas that could prove rewarding for builders in the years to come. The regional analysis includes reliable forecast on value and volume, thereby helping market players to gain in-depth insights into the entire industry.

Debt Consolidation Market Breakdown By Type:

  • Credit card debt
  • Overdrafts or loans

Debt Consolidation Market Breakdown by Application:

Based on geography: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina and Colombia, etc.), Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, Nigeria and South Africa).

Get | Discount on purchasing this report @ https://www.marketresearchintellect.com/ask-for-discount/?rid=333893

Scope of Debt Consolidation Market Report

Report attribute Details
Market size available for years 2021 – 2028
Reference year considered 2021
Historical data 2015 – 2019
Forecast period 2021 – 2028
Quantitative units Revenue in millions of USD and CAGR from 2021 to 2027
Covered segments Types, applications, end users, etc.
Cover of the report Revenue forecast, company ranking, competitive landscape, growth factors and trends
Regional scope North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Scope of customization Free customization of reports (equivalent to 8 working days for analysts) with purchase. Add or change the scope of country, region and segment.
Price and purchase options Take advantage of custom shopping options to meet your exact research needs. Explore purchasing options

Key questions answered in the report:

  • What is the growth potential of the debt consolidation markets?
  • Which product segment will take the lion’s share?
  • Which regional market will emerge as a precursor in the years to come?
  • Which application segment will grow at a sustained rate?
  • What are the growth opportunities that could emerge in the lock washer industry in the years to come?
  • What are the main challenges that the global debt consolidation markets could face in the future?
  • Who are the leading companies in the global debt consolidation market?
  • What are the main trends that are positively impacting the growth of the market?
  • What are the growth strategies considered by the players to maintain their grip on the global debt consolidation market?

For more information or a query or a personalization before purchasing, visit @ https://www.marketresearchintellect.com/product/global-debt-consolidation-market-size-and-forecast/

The study thoroughly explores the profiles of the major market players and their main financial aspects. This comprehensive business analyst report is useful for all existing and new entrants when designing their business strategies. This report covers the production, revenue, market share and growth rate of the Debt Consolidation market for each key company, and covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. Historical debt consolidation breakdown data from 2016 to 2020 and forecast to 2021-2029.

About Us: Market Research Intelligence

Market Research Intellect provides syndicated and personalized research reports to clients from various industries and organizations in addition to the goal of providing personalized and in-depth research studies. range of industries, including energy, technology, manufacturing and construction, chemicals and materials, food and beverage. Etc. Our research studies help our clients make more data-driven decisions, admit push predictions, grossly capitalize on opportunities, and maximize efficiency by acting as their criminal belt to adopt accurate mention and essential without compromise. clients, we have provided expertly behaving affirmation research facilities to over 100 Global Fortune 500 companies such as Amazon, Dell, IBM, Shell, Exxon Mobil, General Electric, Siemens, Microsoft, Sony and Hitachi.

Contact us:
Mr. Edwyne Fernandes
United States: +1 (650) -781-48080
UK: +44 (753) -715-0008
APAC: +61 (488) -85-9400
US Toll Free: +1 (800) -782-1768

Website: –https://www.marketresearchintellect.com/


]]>
2022 Consumer and Business Debt Consolidation Market Analysis by Latest Trends, Future Growth and Key Players https://savemynjlibrary.org/2022-consumer-and-business-debt-consolidation-market-analysis-by-latest-trends-future-growth-and-key-players/ Fri, 07 Jan 2022 03:18:21 +0000 https://savemynjlibrary.org/2022-consumer-and-business-debt-consolidation-market-analysis-by-latest-trends-future-growth-and-key-players/ New Jersey, United States, – The Global Consumer and Business Debt Consolidation Market report is one of the most comprehensive and significant additions to the market research archive of Market Research Intellect. Provides detailed research and analysis of the major aspects of the global Consumer and Business Debt Consolidation market. The market analysts who produced […]]]>

New Jersey, United States, – The Global Consumer and Business Debt Consolidation Market report is one of the most comprehensive and significant additions to the market research archive of Market Research Intellect. Provides detailed research and analysis of the major aspects of the global Consumer and Business Debt Consolidation market. The market analysts who produced the report have provided detailed information on key growth drivers, restraints, challenges, trends, and opportunities to provide a comprehensive analysis of the global Consumer and Business Debt Consolidation Market. Market players can use the analysis of market dynamics to plan effective growth strategies and prepare for future challenges in advance.

Each trend in the global Consumer and Business Debt Consolidation Market is carefully analyzed and researched by market analysts. Market analysts and researchers have performed an in-depth analysis of the global consumer and corporate debt consolidation market using research methodologies such as Pestle and Porter’s Five Forces Analysis.

They have provided accurate and reliable market data and helpful recommendations with the aim of helping players get an overview of the overall current and future market scenario. The Consumer and Business Debt Consolidation report includes in-depth research on potential segments including product types, applications, and end-users, along with their contribution to the overall market size.

Get | Download a sample copy with table of contents, graphics and list of [email protected] https://www.marketresearchintellect.com/download-sample/?rid=333933

Major Players Covered in Consumer and Business Debt Consolidation Markets:

  • Find out about personal loans (United States)
  • Loan Club (United States)
  • Payment (United States)
  • SoFi (United States)
  • FreedomPlus (United States)

Market segmentation of automated drug delivery systems:

The Automated Drug Delivery Systems market report has categorized the market into segments comprising type of product and application. Each segment is evaluated based on share and growth rate. Meanwhile, analysts looked at potential areas that could prove rewarding for builders in the years to come. The regional analysis includes reliable forecast on value and volume, thereby helping market players to gain in-depth insights into the entire industry.

Consumer and Business Debt Consolidation Market Breakdown by Type:

  • Credit card debt
  • Overdrafts or loans

Consumer and Business Debt Consolidation Market Split By Application:

Based on geography: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina and Colombia, etc.), Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, Nigeria and South Africa).

Get | Discount on purchasing this report @ https://www.marketresearchintellect.com/ask-for-discount/?rid=333933

Scope of Consumer and Business Debt Consolidation Market Report

Report attribute Details
Market size available for years 2021 – 2028
Reference year considered 2021
Historical data 2015 – 2019
Forecast period 2021 – 2028
Quantitative units Revenue in millions of USD and CAGR from 2021 to 2027
Covered segments Types, applications, end users, etc.
Cover of the report Revenue forecast, company ranking, competitive landscape, growth factors and trends
Regional scope North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Scope of customization Free customization of reports (equivalent to 8 working days for analysts) with purchase. Add or change the scope of country, region and segment.
Price and purchase options Take advantage of custom shopping options to meet your exact research needs. Explore purchasing options

Key questions answered in the report:

  • What is the growth potential of the personal and corporate debt consolidation markets?
  • Which product segment will take the lion’s share?
  • Which regional market will emerge as a precursor in the years to come?
  • Which application segment will grow at a sustained rate?
  • What are the growth opportunities that could emerge in the lock washer industry in the years to come?
  • What are the main challenges that the global consumer and corporate debt consolidation markets may face in the future?
  • Who are the leading companies in the global consumer and corporate debt consolidation market?
  • What are the main trends that are positively impacting the growth of the market?
  • What are the growth strategies envisioned by the players to maintain their grip on the global personal and corporate debt consolidation market?

For more information or a query or a personalization before purchasing, visit @ https://www.marketresearchintellect.com/product/global-consumer-and-corporate-debt-consolidation-market-size-and-forecast/

The study thoroughly explores the profiles of the major market players and their main financial aspects. This comprehensive business analyst report is useful for all existing and new entrants when designing their business strategies. This report covers the production, revenue, market share, and growth rate of the Consumer and Corporate Debt Consolidation Market for each key company, and covers the breakdown data (production, consumption, revenue, and market share. ) by regions, type and applications. Historical breakdown data of consumer and business debt consolidation from 2016 to 2020 and forecast to 2021-2029.

About us: Market research intelligence

Market Research Intellect provides syndicated and personalized research reports to clients from various industries and organizations in addition to the goal of providing personalized and in-depth research studies. range of industries, including energy, technology, manufacturing and construction, chemicals and materials, food and beverage. Etc. Our research studies help our clients make more data-driven decisions, admit push predictions, grossly capitalize on opportunities, and maximize efficiency by acting as their criminal belt to adopt accurate mention and essential without compromise. clients, we have provided expertly-behaved affirmation research facilities to over 100 Global Fortune 500 companies such as Amazon, Dell, IBM, Shell, Exxon Mobil, General Electric, Siemens, Microsoft, Sony and Hitachi.

Contact us:
Mr. Edwyne Fernandes
United States: +1 (650) -781-48080
UK: +44 (753) -715-0008
APAC: +61 (488) -85-9400
US Toll Free: +1 (800) -782-1768

Website: –https://www.marketresearchintellect.com/

]]>