Get a Debt Consolidation Loan in Alabama
If you’re an Alabama resident drowning in multiple debts, you’ve come to the right place. Using our patented SwiftWire™ technology we can have you approved quickly.
We don’t have hidden fees or hidden small print in our contracts, so you know exactly what your true APR (annual percentage rate) is up front.
Our team has been serving Alabama customers for years now, and we’ve had countless satisfied customers approved in your area for debt consolidation loans – directly, securely, and quickly.
If you live in Alabama and need to get rid of your debt in a hurry, apply now and get this chapter in your life behind you. Never forget – these rough financial times are just temporary – you’ll get that debt cleared up, and be on your way to a brighter future.
Understanding Our Services
Transparent and fair cost structures with true APR.
Good Credit Rewarded
If you've been diligent in protecting your credit rating your interest rate will be lower.
No Hidden Fees
No small print fees, early payments, closing payments, or balloon payments.
Choose the best payment plan for your financial situation and income per month.
With our patented SwiftWire™ technology we can service your consolidation loan faster than the competition.
Superior Customer Service
No matter what your consolidation needs are, our team is there for you ASAP. You're not alone anymore.
Bad Credit Welcome
Our system approves a high ratio of bad credit borrowers.
Understanding Alabama Lending Law
Alabama Usury Laws in brief: Legal: 6% Contract: 1% above discount rate or Greater of 8% or 2% above prime Judgment: 12% Corporate: Any rate agreed to above $2000″
Source: Alabama State Government Web Site
Quick & Easy 4 Step Process
About Debt Consolidation in Alabama
Help for Alabama borrowers needing debt consolidation
If you’re a Alabama borrower who needs to consolidate your debts, rest assured we at LDS fully understand the stress that debt can cause. That’s why we’ve spent the last decade fine tuning our lending process so we can can approve a high percentage of applicants quickly.
At Local Debt Services we pride ourselves on solving debt problems for customers just like you, no matter what you need to consolidate – overdue bills, vehicle loans, student loans, or high interest balances.
Bad credit borrowers are welcome
If you have a poor credit rating, or a VERY poor credit score, we can help. Our SwiftWire™ processing system was specially designed to procure debt consolidation financing for lenders in all credit score ranges. We can’t guarantee every borrower will be approved of course, but we have one of the highest approval rates in the United States.
If you’re losing sleep because of your debt and credit score, you’re not alone, even if it may feel that way sometimes. At LDS we’ve helped MANY Alabama-based applicants with our unique lending service. Hang in there, and we’ll do our best to get your consolidation loan squared away post haste.
Debt consolidation and debt relief are different
Alabama debtors need to understand the difference between a debt consolidation loan, and debt relief. If you don’t know the difference, we’ll explain it in very simple terms.
A DEBT CONSOLIDATION LOAN: is when you borrow a large sum of money to pay off multiple smaller loans. For example; someone living in Alabama has a car loan and a student loan, and both loans have high interest due to their credit score at the time of borrowing. Now their credit score is much better. So they borrow enough money to pay off all their high interest debts in full, and they’re left with one lower interest payment.
DEBT RELIEF: is when the debtor negotiates with their creditors to pay back only a portion of their debt. They can try to do this on their own, or they can use a debt settlement firm to negotiate and set it all up for them. Of course, these providers will charge you a fee.
What kinds of debts can I pay with a consolidation loan?
This all depends on the regulations and/or laws that govern Alabama, but the typical debts paid off with a debt consolidation loan are vehicle loan balances, overdue bills (utilities, cell phones, etc.), Visa balances, Mastercard balances, medical bills, department store credit card balances, and student loan balances.
What to do after your consolidation loan is approved
After you’ve been approved for your debt consolidation loan, it’s VERY important that you don’t fall into the “new debt trap”. Some of our customers make the mistake of getting their consolidation loan at their new lower interest rate, and start borrowing more money. This is something you must avoid if you want your financial situation to get better over time.
If you keep taking on more debt, you may end up like some of our other customers living and working in Alabama – they end up taking on too much debt, and wind up entering into a debt relief scenario, or a full blown personal bankruptcy. Make sure when you get your consolidation approved, you learn to live within your budget. Oh…did we forget to encourage you to make a realistic budget? We hope you do.
From all of us at Local Debt Services, we send all our best to you out in Alabama, and we’ll do our best to get your consolidation approved in a timely manner.
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Local Debt services
1501 Biscayne Blvd.
P: (305) 239 5618
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