debt consolidation

debt consolidation

How Peer-to-Peer Lending Can Help You Pay Down Credit Card Debt

June 21st, 2013 by Jason Bushey

I'll admit that I'm a bit of a newbie when it comes to peer-to-peer lending. I heard of the idea a while back, but only recently started researching it as a legitimate refinancing tool for consumers in credit debt. As it turns out, peer-to-peer lending could be a very useful means for consumers mired in interest-heavy debt to pay it down at a lower rate, depending on their credit score.

Before we dig too deep into how this works, here's a quick summary on peer-to-peer lending...