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?
MANAGING YOUR DEBT
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