In this Good Money Moves podcast episode discuss the misconceptions that many people have about debt consolidation, including the credit score you need to qualify and the amount of debt you can consolidate at one time.
Good Money Moves is a local Rochester, MN podcast produced through a partnership between First Alliance Credit Union and News Talk 1340 KROC AM & 96.9 FM. Each Good Money Moves podcast episode is packed full of the financial information you need know to be able to make good money moves through every stage of life.
Good Money Moves Podcast Episode Details:
Episode Number: 9
Topic: What credit score do you need for a debt consolidation loan?
Topic expert: LeAnne Trom, Member Solutions Manager at First Alliance Credit Union
Episode Length: 26:10 minutes
In Episode 9 of the Good Money Moves Podcast
In this episode of the Good Money Moves podcast we provide a quick overview of what debt consolidation is and then discuss some of the common myths about debt consolidation loans. We cover the credit score you need to typically qualify for a debt consolidation loan, whether or not a co-signer is required for debt consolidation, and they amount of money you can consolidate at one time. Plus, how to avoid debt consolidation scams.
Financial Tools and Resources Mentioned in the Show
- Debt Consolidation Resource Page
- Working with a First Alliance advisor
- Free Debt Consolidation Calculator
Other Podcast Listening and Download Options
Want more information about debt consolidation?
Check out these additional debt consolidation resources:
- Why you should be wary of debt consolidation offers by mail.
- The basics of needing a co-signer for a loan.
- Why do credit scores matter so much?
Start making Good Money Moves in your life! Contact the knowledgeable Advisors at First Alliance Credit Union today to get pointed in the right financial direction.