Consolidating bills with bad credit
Lenders such as Citizens Bank and Earnest allow cosigners for their personal loans.
Credit unions often offer less-conventional products, including debt consolidation loans for people with bad credit.
Many lenders won’t offer debt consolidations loans for people with bad credit, but they might approve your loan application if you have a co-applicant with good credit.
To get a cosigner on a debt consolidation loan for bad credit, you’ll need two things: a willing cosigner and a lender who allows co-applicants.
You have a mound of debt and you’re not sure how to repay it.
You’ve considered taking out a personal loan to consolidate the debt, but it’s hard to find debt consolidation loans for bad credit.
In addition to credit unions, there are some nonprofit organizations dedicated to helping people manage and get out of debt.