Is your family drowning in debt? Are you stuck with high interest debts that just keep accumulating interest? Do you have adjustable rate loans that have become unaffordable to you?
If so, you could benefit from low-interest debt consolidation loans from Jefferson Bank and Trust.
Debt consolidation loans are great financial tools for getting control of your personal finances while maintaining your good credit. You can get debt consolidation loans for:
- Credit card debts
- Student loans
- Personal debts incurred to friends and family
- Car loans
- And more!
At Jefferson Bank, our bankers are waiting for your call to help you get the debt consolidation loans that you need to get on top of your bills. Call our office at 314-621-0100 come by one of our banks in St. Louis, or use our web contact form for more information.
Tips for Getting Better Rates on Debt Consolidation Loans
Debt consolidation loans are useful for helping you to pay less on interest on your debts. The best way to get a great rate on debt consolidation loans is to remain current on your existing payments and to pay your bills on time. This – along with increasing your income relative to your outstanding debts – will help you to qualify for better terms and rates on your debt consolidation loans.
Additionally, borrowing the loan itself can often help you to improve your credit score by retiring other high interest debts such as credit card balances and certain kinds of auto loans.
Another way to ensure that you get the best rates possible on your debt consolidation loan is to be sure to gather as much documentation as possible on your income and assets to share with Jefferson Bank and Trust when you apply for your debt consolidation loans. We need to have a full understanding of your personal finances in order to work with you to get you the best rates and terms possible on debt consolidation loans.
Start Living Better With Debt Consolidation Loans
The benefit of using debt consolidation loans is often very simple – you pay less money each month on interest. You can effectively simplify your personal finances also, by getting rid of multiple small creditors for larger debt consolidation loans with fewer fees and a low fixed rate of interest. However, even with these benefits, many people who could benefit from debt consolidation loans never look into them.
To learn more about how debt consolidation loans can fit into a personalized financial plan for you, contact our office at 314-621-0100 or visit one of our St. Louis banking locations today. We’re a leading St. Louis bank that wants to help you get a handle on your finances today.