Consider Debt Consolidation – Smarter CreditTM Center – Wells Fargo

Navegó a una página que no está disponible en español en este momento. Seleccione el enlace si desea ver otro contenido en español.

Página principal

Consider Debt Consolidation - Video


Transcript: Consider Debt Consolidation Video

You've worked hard for everything you have. So don't let the stress of managing multiple payments keep you up at night.

By consolidating your different loans and due dates into one, you may be able to simplify your finances and possibly even lower your monthly payment.

So you can spend less time managing debt and more time enjoying what you have.

All you have to do is take it one step at a time.

First, make a list of your loan and credit card balances, with the interest rate and monthly payment for each.

Next, consider your debt consolidation options. You may have a few: like a personal loan or home mortgage refinance. There is even an option to help consolidate multiple private student loans.

A loan can be unsecured or secured. "Unsecured" is based primarily on your credit while "secured" allows you to borrow against collateral.

For example, a home mortgage refinance may borrow against the equity in your home.

When you find the option that's right for you, you can use the proceeds to pay off your outstanding payments. And use the extra cash you may save each month to get closer to your savings goals.

It's easy when you take it one step at a time.

Contact Wells Fargo today about consolidating your debt