Consolidating car loans mortgage

08 Nov

Then see what the monthly payment would be with a consolidated loan.

Try adjusting the terms, loan types or rate until a consolidation plan fits your needs - and most importantly your budget!

When you apply for a loan, take your last two pay stubs, tax returns for the past two years, your driver’s license and a couple of recent utility bills to prove where you live.

You will also need to give the account numbers for your current car loans and show proof that the cars are insured.

On top of no longer having to deal with multiple loan payments, you could end up with a more affordable monthly car payment and a lower interest rate.

Collect all the necessary paperwork before inquiring about consolidating your car loans.

Your lender will want to see proof of identity and income.

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We cannot and do not guarantee their applicability or accuracy in regard to your individual circumstances.