Unsecured personal loans provide the flexibility to borrow money without the requirement of collateral, such as a vehicle or a bank Certificate of Deposit (CD). These loans offer versatility in usage, allowing individuals to utilize the funds for various purposes, including debt consolidation.

A consolidation loan from Wisdom Lending is a personal loan featuring a stable low fixed-rate, available in amounts ranging from $2,500 to $45,000, and offering flexible terms spanning 2 to 5 years. The fixed rate ensures that your monthly payments remain constant, simplifying and making them predictable throughout the loan's duration. Additionally, you may qualify for rate discounts by adding a qualified co-applicant, demonstrating eligible retirement savings (such as a 401k or IRA), and opting for direct payment to creditors when consolidating debt.

Sharing your essential details to explore loan options has no impact on your credit score. We use a "soft pull" on your credit to assess your potential qualification amount. If you proceed to select a loan option and complete your application, a "hard inquiry" is conducted to verify the information provided, facilitating the final loan approval process. It's important to note that this "hard inquiry" will be visible as an inquiry on your credit report.