My Favorite Business Resources
- Cheap Business Phone Service - Make phone calls anywhere for free or darn close to it.
- Cheap Printing - Always amazing deals on cheap printing with loads of free items.
- Manage Mobile Phone Costs - Great phone for controlling cell phone costs for business or teenagers.
- Really Good Web Hosting - As bullet proof as there is. A strong hosting provider with all the resources you need.

My Favorite Credit Resources
- Consolidate Your Debt - One monthly payment. Stop collection calls.
- Help Budgeting - Online and easy.
- Lower Your Car Payment - Refinance to reduce your monthly payment.
- Credit Report / Credit Score - This consolidated report is better than most.
- Credit Cards - Find the best card for you for low rates, balance transfer, credit rebuilding and rewards.

Sep

2008

A Debt Consolidation Loan At Half The Going Interest Rate? What!

Posted by Steve Rhode as Uncategorized

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I’ve not been a huge fan of debt consolidation loans over the years because I’ve seen so many people take out a debt consolidation loan and then run the debt back up again. But I guess that just because others have done that, doesn’t mean that you will.

A lender of interest that does make debt consolidation loans is Zopa. Zopa is unusual in that they actually act as a facilitator between people in need and private lenders, just like you and me.

The interest rates on these loans is ridiculously low considering that they are for a debt consolidation loan and people (lenders) minimize their risk by not funding all of the loan request, just a part.

Now let me be clear, I’m not suggesting that a debt consolidation loan is good for everyone, nor is it a blanket solution to solve debt problems or get out of debt, but if you are going to look at getting a debt consolidation loan then maybe Zopa is worth looking at.

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Steve