CLF loans
CLF loan menu

AD: Debt Relief? Loan / A+ Rating wt Better Business Bureau

Non-Profit Debt Consolidation For Bad Credit

This consumer has experienced what most people do sometime over their lifetime. Financial emergencies driven by major repairs, health issues or loss of income usually translate into debt situations. If they are unprepared for this sort of thing, they usually end up in some sort of debt situation. They often turn to debt consolidation companies or as in this case a non-profit debt consolidation for bad credt specialist company.

He incurred large repairs bills for his car and also medical bills for a health situation he recently experienced. These were unplanned and of course there was no choice. He needed help immediately and worried about the cost later. He also does not have or did not have an emergency fund available to help him through this financial crisis. Instead like many consumers, he had to rely on credit cards to pay for these expenses.

Now the credit card statements are in and high levels of interest charges will accrue if he cannot repay the debt by the statement due date. He needs a debt consolidation loan which will have regular monthly payments based on lower interest rates and longer term amortization. With lower payments he will be able to have some spare cash to pay his debt down more quickly and get out of this situation.

Non-profit debt consolidation companies will help consumers figure out the best solution based on their circumstances. Credit counseling and credit solutions can be discussed with a non-profit debt consolidation company at no charge in most cases. Consumers can receive excellent advice regarding the best approach for them to resolve their debt situation and improve their bad credit rating. There is usually no charge for this service.

Many do charge a fee for enrollment in a debt management program and a monthly fee for managing debt payments. They do need to recover some of their costs for ongoing assistance and support. The counseling and the solutions they will discuss with you is free, however to make them work the customer really must embrace the recommendations. They must follow through and implement the suggestions that are being made.

Every persons debt consolidation program will be different. But they all will require monthly payments to pay off their debt. They will require setting up an emergency fund to deal with future financial emergencies. These emergencies happen on a regular basis to all of us and you know they will happen to you as well.

It takes discipline as well to stick with the program. If consumers in the program generate more debt or spend money over and above the debt management program that they have discussed with the debt counselor,  it usually means trouble. They will end up further in debt and unable to manage their monthly payments. We suggest that consumers with bad credit looking for debt counseling pay attention to the recommendations and try to stick with them as best they can to be successful over the long term.


Home/Mortgage Loan Amount : $25,000

Home Loan Application and Processing Speed (when do you need the funds): I need help now. I have creditors sending collection notices and threatening letters

Do you currently have a mortgage? : No, I rent an apartment

Bank Name and Branch : Union Bank, Almaden Blvd

What City/Town, State and County do you live in? : San Jose, California

Zip : 95113

What is your employment field? : Retail Grocery Store

Employment Position : Department manager

When are you paid? (monthly/weekly/biweekly): biweekly

Your credit rating to be – excellent, fair, or bad? : probably bad

How did you find us? : looking for non profit help on debt consolidation

How are you paid? (direct deposit/paper check): direct deposit

Gross Amount Per Paycheck : $1200

Do you agree to have this information published online, without your PRIVATE information of course? : Sure no problem, just do not mention the place where I work online.

Extra information here please (some detail): Everything seems to have gone wrong for me in the past few months. My car broke down and needed major repairs. I cannot get along without a car. Every guy needs a car and I drive over 20 miles back and forth to work every day.

I also had some medical issues that meant I needed to take time off work and also meant large bills from the doctor and hospital. I do not get paid while I am off work and I do not have any kind of medical coverage. I have to pay all of these bills myself which is a big problem.

All of this expense went on several credit cards and now I have to pay for the debt. I really need a debt consolidation solution that provides lower monthly payments and lower interest rate charges. I cannot afford to pay large fees for debt consolidation services and counseling. There are non-profit debt consolidation companies available and I was wondering if one of these companies could help me? I am pretty sure I have a bad credit rating at this point due to my financial situation.

There are no missed payments in my past for rent or utilities or loans. But with this debt hanging over my head, my credit rating has to have suffered in the past few months.

Regarding my employment, I work for a retail grocery store here in the city. I manage one of the departments at the store. My work is interesting and enjoyable, although it does not pay as much as I would like. The raise I received when I took charge of the department was small. Unfortunately it is a small store and not part of a chain. We do not receive benefits of any kind although they are available at a discount if we want to purchase them. I have not purchased any health coverage, although now I wish I had.

There is no emergency savings for me to draw on. My expenses including the credit debt payments take almost all of my income. There is just no room for saving money at this point. If a non-profit debt consolidation company could help me get out of this situation, it would be a miracle.

clf spacer

Below Are Some Related Publications You May Find Interesting

Do You Need a Personal Loan Approved Today? Use the comment form below to alert our lenders of your requirement - use your FIRST NAME ONLY for this initial pre-app loan request.

Use the comment box at the bottom of this page and tell us,

- how much you need to borrow
- what type of loan product you need
- what City and State you reside in
- what your credit score numbers are
- how quickly you need the loan

Your email is never made public, saved, or shared. Your privacy
is never compromised.

Unkind words will not be published.

Thanks for visiting ;-)

BELOW IS A LOAN CALCULATOR FOR CARRYING OUT SOME LOAN CALCULATIONS-------------------------------------------- Enter the loan amount, year of term, interest rate, and payment periods (14 for biweekly, 30 for monthly, 7 for weekly. Very helpful so you know exactly what the loan will cost you in interest payments and you will know the total COB (cost of borrowing).
Loan Amount:



Days between payments:
30 for a Month, 7 for Week
and 14 for Bi-Weekly. Easy!

When filling out your initial loan request, use FIRST NAME ONLY and NO PHONE NUMBERS please. This is for your privacy and security. Thank you for using!

Before you submit your pre-app MAKE SURE you first read the instructions here!

If you don't find a pre-app form at the bottom of this page that just means we're no longer taking applications here.

BUT NO PROBLEM! We've got you covered! You can apply on a different page. Follow these instructions closely please.

3 Pre-apps

  1. David wrote:

    – how much you need to borrow $8000.00
    – what type of loan product you need Installment Loan
    – what City and State you reside in Kaukauna Wi
    – what your credit score numbers are
    Equifax-564 Trans Union-562 Experian-545
    – how quickly you need the loan 06/15/17

    As of Today 06/13/17 my monthly payout for 1 installment loan and 4 payday loans is $810.00 at an average %rate of 485%.
    Hopeing you can help with 1 monthly payment.

    Thanks in advance

  2. Shana wrote:

    How much need to borrow $53,000.00
    What type of product: Installment Loan
    What city & State live in: Willard, Ohio
    Credit Score: 658
    How quickly need loan: As soon as possible

    I am in need of this loan to assist me in paying off of my debt. I recently consolidated my debt with a company who is charging me an astronomical rate and I would like to seek other loan options that will enable me to reduce my interest rate. I would also like to pay off my car and credit cards that were not included in the debt consolidation. This approach, I feel will enable me to pay off of my debt quicker.

    I make a good salary and am able to pay the monthly installments timely. I am looking to pay somewhere between 10%-18% interest. A monthly payment of $1,0000-1,150 would work best and allow me to make my other commitments like house payment and utilities and so forth.

    Thank you in advance.

  3. Shay wrote:

    Need 1000 installment loan in Jersey City with credit score 485 very quick. I work a good job but my job switch caused a money hardship. I need to get in my feet

REMEMBER! As much detail in comment section WITHOUT revealing your identity at this time

Your email is never published nor shared. Required fields are marked *