
Is a debt consolidation loan right for you?
At East West Mortgage we offer both a wide range of debt consolidation programs and alternative programs that will help you consolidate your debt. All of these programs fall under the sub-prime category. Sub-prime loans are loans given to those who have bad credit or less than perfect credit. These loans were designed to help increase the credit score of the borrower while providing him/her with an escape route out of debt. At East West Mortgage we specialize in sub-prime loans and we are able to help you.
What is a debt consolidation loan?
A debt consolidation loan is a loan taken out to pay off your debts and bills, leaving you with a single monthly payment. This loan was meant to simplify your problems. Instead of paying multiple bills with varying lengths and amounts, you are paying a single monthly payment with low loan rates. East West Mortgage ensures you will get the best rates no matter what you choose, be it a debt consolidation loan, home equity loan, or refinance loan. Many of our customers have enjoyed paying less per month than they did with their monthly payments prior to their debt consolidation loan The completion of a payment increases credit score. With our low rates and payment intervals you should have no problem building up your credit!
Tips when searching for a sub-prime lender:
Looking for a good sub-prime lender is one of the most important things to do. There are many lenders out there who are looking to take your money; we encourage many people to do a background check on not only the mortgage company but also the individual lender.
A debt consolidation loan or any loan for people in debt only works if you do the work. After your debt consolidation loan goes through, look over the use of your credit cards as it could put you right back into debt. This would be a great time to take one of our debt consolidation credit courses. After a debt consolidation loan we want to make sure you do not get back into that situation again. We will help you learn how to manage your money, save, and keep yourself out of debt!
Apply now by clicking the “Apply Now” button! You can also call our toll free number: 1-800-880-4202 to speak with a mortgage professional.