Can auto loan be added to the consolidation program?
Date: Mon, 09/25/2017 - 21:37
Can auto loan be added to the consolidation program?
Can auto loan be added to the consolidation program?
Auto loan is a secured debt.
Auto loan is a secured debt. You can opt for refinancing. Consolidation program won't work.
Secured loans don't qualify
Secured loans don't qualify for consolidation programs. As SC said, you can go for a loan modification or refinancing.
Usually, you can't add an
Usually, you can't add an auto loan in your consolidation program; however, there can be a way out.
If it's possible, you can make the remaining payment with your credit card and later transfer the balance to one low interest credit card; that's opting for balance transfer.