Alabama Debt Consolidation Loan Directory - Use this menu to find companies providing debt help and relief services in AL.
Click on a service to jump ahead to a specific list of available providers covering Alabama. Wrong State? Use the menu above or find local border states.
We also offer general Alabama reference information and personal finance tips to help you get a handle on your finances and save money when shopping online for financial services. Do more than just save money now. Learn and save money on a go-forward basis!
TOO MUCH DEBT? Consolidate or manage your bills in Alabama without needing to take out new loans.
Debt Help Programs Included in This List - Debt Settlement and Credit Counseling.
- These programs are ideal for someone that wants to do a debt consolidation,
but cannot because they have too much debt to fit into a loan. Either the resulting payment would be too large, or they cannot get an approval for a loan because of a bad credit history, lack of sufficient income or other reasons (as determined by
PLEASE NOTE: 1) Impact on Credit? Using these programs may have a negative impact on your credit history, but if
you have already made late payments and are unable to get your credit card debt
under control by yourself, one of these program options may still be best for
your personal financial needs. 2) Examine all Options. Evaluate ALL of your available options
thoroughly by examining the pros and cons of each before signing up for a
service. Request a full list of fees and an explanation of each... up front! Look up the company's name with popular rating sites or the state government to see if it has a complaint history. 3) Right for You? Don't simply take the first help offered to you. First, make sure that
it is the right help for your needs. A poor decision could put you in an even
[AKA / Similar / Related Terms: Bill consolidation, consolidate debt and credit card consolidation.]
- With this type of debt relief, which is considered a debt consolidation
alternative, the consumer gets assistance from a company
that negotiates a lower balance on the outstanding debt owed. The debts
negotiated for must be unsecured. That is, your debts cannot be tied to
collateral, such as a car loan or mortgage.
[AKA / Similar / Related Terms: Debt Reduction, debt arbitration, credit settlement and debt negotiation.]
- When consolidating debt with a credit counseling firm, the counselor
attempts to negotiate lower interest rates, get assessed penalty fees waived
and assist the borrower with getting their credit card debt and other
unsecured obligations under control. The consolidation occurs when a consumer
allows the counselor to take over control of his/her payments. The borrower
then makes one "consolidated" payment to the credit counseling agency, which
in turn, makes payments to the creditors.
[AKA / Similar / Related Terms: Debt management, budget service company, debt pooling service and budget counseling.]
Advertisers for Debt Settlement and Credit Counseling Programs in Alabama:
Pages Related to This Category of Service on this Site:
HAVE GOOD to GREAT CREDIT, BUT TOO MUCH DEBT? Consolidate debt with an unsecured personal loan in Alabama.
Loan Programs / Companies Included in This List - Direct lenders, aggregators and peer to peer lending. Keep in mind... each company has different criteria for approving loans (underwriting guidelines). Although they generally require good credit, not all lenders evaluate applications for loans exactly the same way. This results in the possibility of being approved with one lender, even after being turned down by another.
- Because they are unsecured (require no collateral), a personal loan is
considerably more difficult to qualify for as a debt help option. When used as
debt consolidation loans, they are especially difficult to obtain as a consumer
typically needs a larger size loan when consolidating bills. Also, because of
the risk to the lender, the interest rates may be considerably higher than other
types of loans.
[AKA: Unsecured loans, signature loans and note loans.]
Direct Lenders - You apply online 'directly' with the company (lender) that will either deny, or approve and fund your loan request.
Aggregators - These websites
essentially operate as a broker and take your
application info and act as agents on your behalf to help you find and
obtain a loan. They
do not actually lend money, however, they do have an advantage in that they
can shop multiple programs and lenders at once to try and get your
[AKA / Similar / Related Term(s): Loan broker.]
Peer-to-Peer Lending - This form of
borrowing is made available through the money of other consumers. These
companies act as an intermediary network that matches prospective borrowers to
individuals willing to lend (invest) in loan requests that meet pre-set
underwriting guidelines. Their claim is that they are cheaper for consumers
to use, as they cut out the middlemen, such as banks, finance companies and
[AKA: P2P lending, peer lending, person-to-person lending and social lending.]
List of Companies Advertising Personal Loans for Debt Consolidation
(These links open in a new window).
Pages Related to This Category of Service on this Site:
AL / Alabama, nicknamed the Yellowhammer State, is located in the southeastern region of the United States. The state of Alabama (AL) has a population of 4,557,808 according to the 2005 census. It covers 52,423 square miles, making it the 30th largest state in the country by area.
AL Border States - Come to wrong state directory? Use the pull-down menus at the top of this page or use the list of adjacent states below.
Montgomery is the state capital of Alabama, and is a city rich with American history. The largest city (in terms of population) in the state is Birmingham, which is regarded as a center for medical research, banking, music and art, technology, engineering and higher education.
Major AL Cities / Towns (general) Information:
Make the right decisions when shopping for debt consolidation and related financial services. Educate yourself!
The Debt Consolidation Loan Directory has a growing library of informative financial resources for consumers shopping for many types of financial services, such as consolidating bills and home loans. Their is no better way to make decisions regarding the management of your personal finances than to become educated. Please feel free to visit our personal finance library for a complete list of helpful information.
DebtConsolidationLoan.com is a free online service. DebtConsolidationLoan.com is not a provider of debt consolidation loans, debt relief programs or any other related financial services. All advertiser information is deemed reliable, but not guaranteed. DebtConsolidationLoan.com is not responsible for the content and services, that may be provided to you, by following the links from this web site, nor does it endorse any of the advertisers listed here. Visit external links at your own discretion.