Debt Consolidation Programs for Single Mothers

Sharing is caring!

Last Updated on September 12, 2023 by Lori Pace

Single moms will find it beneficial in debt consolidation programs that help pay off debt. For instance, this will make repayment more manageable and affordable.

In this article, we will assist you in deciding which direction to take.

Debt Consolidation Programs For Single Moms

Personal Loans – Secured

Secured personal loans are backed by collateral, like your house or vehicle, which banks can take away if you don’t make your payments. As opposed to unsecured loans, these types of loans have substantially lower interest rates.

Secured personal loans usually have a higher credit cap. Still, you risk losing your personal belongings if you default on the loan. Single moms should reach out to Bankrate’s Customer Service Line at 855-733-0700 for more details on secured personal loans. For more information on single mother assistance, go to the website.

Personal Loans – Unsecured

Unsecured personal loans do not require you to put up your personal belongings as collateral in the event of default. Still, they do come with a higher interest rate. If you apply for an unsecured loan, bear in mind that you will have more limits on what you can use it for. Also, your credit cap will likely be lower than a secured personal loan. However, since you won’t lose your savings, this is one of the more appealing personal loans.

You can reach out to Bankrate Customer Service at 855-733-0700 for more information or to talk with an expert who can help you make the best decision.

Fast Cash Advance

Single moms can get instant cash loans from fast loan companies, and they won’t have to wait for lengthy credit checks to get their money. They’ll check your job status to make sure your bank account is in good standing, and that might be enough to get you instant cash to cover unexpected expenses.

Call the FCA Office at 855-733-0700 to apply for a Quick Cash Advance. For more information on single mother assistance, go to the website.

Christian Lending

If you have bunches of loans:

  • Car loans
  • Daily life loans
  • Private student loan
  • Adoption loans
  • Personal line of credit loans
  • Home mortgage refinancing
  • Home equity loans

If you are a single mom in need of assistance, there are options are all available through Christian Lending. Contact the office at 800-343-6328 to determine how they can assist you right away. For more information, go to the website.

Debt Management Plan And Consolidation Programs

Debt Management Plan Consolidation Programs

GreenPath’s Debt Management Plan will help you consolidate your debts and get rid of your credit card debt. They will help you lower your interest rates and reduce the amount you spend on monthly payments. Finally, they will help devise a plan to make debt repayment more manageable.

Call the office at 800-550-1961 to talk with one of their financial counselors about how they can help you get out of debt. For more information on single mother benefits, go to the website.

Personal Lines Of Credit

Wells Fargo provides Personal Lines of Credit that are both convenient and flexible in terms of repayment. In as little as 15 minutes, single mothers in need of financial assistance may apply to find out whether they qualify.

These loans don’t have competitive variable interest rates. Besides, they aren’t secured by anything, and can range from $3,000 to $100,000, depending on the credit history. n, contact the Loan Specialists at 1-888-667-5250. For more information, go to the website.

Secured And Unsecured Lines Of Credit

An unsecured loan can be quicker to process, allowing you to get cash quickly when you need it. On the other hand, these loans are more challenging to obtain because you’ll need a decent credit score to apply. Secured loans have lower interest rates and are easier to access (but come with the risk of losing your savings if you default on your loan).

Unlike unsecured loans, secure lines of credit allow you to borrow more significant sums of money. Single moms can talk with a CIBC counselor and apply for a secured or unsecured line of credit by calling 1-866-525-8622. For more information, go to the website.

Credit And Debt Management Consolidation Programs For Single Mothers

Advantage CCS provides credit and debt management programs to help single moms pay off their debt while still spending time with their children. If you’d like to talk with an attorney about your choices and how to settle your debt in a more manageable manner, call Advantage Credit Counseling Service at 866-699-2227. For more information, go to the website.

If you are also looking for more information on low-cost or free credit counseling to settle your financial affairs, we have you covered. We hope that the information on this page has provided single mothers with the support they need.

Lori Pace
Lori Pace

Lori Pace is a single mother of three daughters ages 7 and under. As a working mom from home, she balances kids, work and two crazy dogs with humor and love. Follow Lori as she honestly gives tips and advice based on her own experiences as a single mom!