With Alero Financial's low rates, you could save money over the life of your loan and enjoy one lower monthly payment. Now is the time to take that first step toward getting control of your money.
Get answers to your questions about debt consolidation and how it works.
If you find yourself buried in credit card and/or loan debt from multiple creditors, a debt consolidation loan can help you combine those debts into one manageable monthly payment and possibly lower the overall interest you pay.
If you are paying off credit cards and loans with high interest rates, you can lower the amount of interest you are paying by combining that debt into one loan with a significantly lower interest rate.
Alero can consolidate debt from credit cards as well as unsecured loans not backed by a car or house, such as personal or payday loans.
While consolidating all your debt through one Alero signature loan can be beneficial, you can consolidate any qualifying debt you choose greater than $100 and less than $25,000.
Though debt consolidation may briefly lower a credit score by a few points, ultimately the act of paying off your debt consistently will have a positive effect on your credit score, provided you pay your loan on time and avoid building up new debt. In addition, paying off credit card debt increases your available credit, which will help increase your credit score.
Once approved, a check will be sent directly to you or to specific lenders within 24 to 28 hours. We can also deposit the funds into a member’s Regular Share account.
For more information or questions connect with us:
