Pay off debt faster
Get a lower interest rate and make your debt less expensive
Lower your monthly payment
Combine your debt into one loan that’s simpler to track and manage

What Is A Debt Consolidation Loan?

Debt consolidation is the combination of multiple debts into a single debt that is more easily managed. It’s a great solution for people who suffer from multiple sources of debt and have poor credit scores. To be more specific, debt consolidation is actually a personal loan. That is why it is referred to as a debt consolidation loan.

Unlike some other personal loans, you never actually see or use the money for personal reasons. Instead, the money is sent out to the various debt collectors or lenders. All of these people are paid what they are owed and now all of your debt rests with a single loan. The debt itself is almost always the exact same amount as it was before, but now with only one lender.


Managing multiple credit card debts can be difficult and complicated and it is said Thirty-eight percent of US households carry credit card debts from month to month, according to 2015 statistics from the Federal Reserve. For those households in debt, the average is $9600. Most indebted Americans don’t even know how much debt they owe.

Unfortunately, there’s no magic button that can eliminate debt forever. The only way to get out of debt without destroying your credit score is by paying it off. At APL, we are one of the few private lenders that have the negotiative power to discuss debt relief/forgiveness terms with your existing debt servicer.

We require a minimum debt of $8,500, which is slightly below the average debt of most households. These debts could include personal debts as well as business debts. We also offer a personal advisor and online management of accounts.


Our Debt consolidation Loans are designed to consolidate or refinance credit card balances, student loans and other debt
As low as 0% – 3% rates on debt consolidation loans
Loan amounts of $5,000 to $150,000
Loan terms of two, three, four, five years, seven years and ten years.
Minimum FICO score of 600
No minimum income
Origination fee of 2 to 5 percent, tied to the loan term
No application fees, late fees, or prepayment penalties

Estimated time to close and Disburse funds: 4-7 Business days