Author: Sue Ann Presley

Loyal Lending understands what you want out of life: freedom. Freedom to travel, freedom to save. Freedom from credit card debt. If you’re looking to get out of holiday debt fast, one smart strategy is to consolidate all your debt into a new loan with more favorable terms. This can secure you a lower interest rate, meaning you’ll have a smaller monthly payment and can pay down your debt more quickly. Different options for debt consolidation may help you pay off holiday debt faster. “The holidays are over and now it’s time to pay the piper,” according to Manuel Ortega,…

There are two main types of loans that can be used for debt consolidation: a debt consolidation loan and a personal loan. Both have their own advantages and disadvantages, so it’s important to understand the difference between them before choosing one. Debt consolidation loans and personal loans are both popular options for borrowers looking to consolidate debt. But what’s the difference between these two loan types? In this debt consolidation loans vs personal loans guide, we will go over these differences to find the option that will suit you best! Photo Credit: Rido Debt Consolidation Loans vs Personal Loans: How…