| January 21, 2011

Personal loans help consumers avoid credit card debt

As 2010 drew to a close, many Americans focused on limiting their credit card spending and resolved to follow their budgets more closely.

However, consumers still needed access to funds for car purchases, down payments on homes or college tuition, and as a result, turned to other sources for loans.

California-based Lending Club, one of the U.S.’s largest issuers of personal loans, announced this week it issued more than $100 million to consumers during 2010. The company estimates as much as 63 percent of its new clientele used its service to get rid of high interest debt and credit cards.

“Lending Club represents a step forward in connecting the source of capital to the use of capital, and it’s clear that the concept has resonated,” said the company’s chief executive officer Renaud Laplanche.

Personal loans are provided by linking investors together with consumers for loans set at negotiable rates.The company says these loans are appealing because of their flexibility – they can come in large amounts yet still be specifically crafted to fit a consumer’s needs.

"We are really proud to recommend Consolidated Credit" Kathleen Cannon, President & CEO of United Way of Broward County. Consolidated Credit Counseling Services, Inc. is pleased to announce our partnership with the United Way as a United Way Chairman’s Circle Organization.

"We are really proud to recommend Consolidated Credit" Kathleen Cannon, President & CEO of United Way of Broward County. Consolidated Credit Counseling Services, Inc. is pleased to announce our partnership with the United Way as a United Way Chairman’s Circle Organization.

All Consolidated Credit counselors are certified personal financial counselors (CFC) We've helped 5 million people get out of debt! Call us today and see what we can do for you.

Consolidated Credit is honored to receive the 2012 Excellence in Financial Literacy Education (EIFLE) Nonprofit Organization of the Year award. The EIFLE awards acknowledge innovation, dedication and the commitment of organizations that support financial literacy education worldwide. See what Consolidated Credit can do for you.

Consolidated Credit is honored to receive the 2012 Excellence in Financial Literacy Education (EIFLE) Nonprofit Organization of the Year award. The EIFLE awards acknowledge innovation, dedication and the commitment of organizations that support financial literacy education worldwide. See what Consolidated Credit can do for you.

The National Industry Standards for Homeownership Education and Counseling are a set of guidelines for quality homeownership and counseling services. Industry professionals who adopt these standards can be trusted to provide consistent, high quality advice.
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Time tested and customer trusted. Consolidated Credit Counseling Services has been a BBB Accredited Business since 1998 and has a current A+ rating. Call us today and see what we can do for you.

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Time tested and customer trusted. Consolidated Credit Counseling Services has been a BBB Accredited Business since 1998 and has a current A+ rating. Call us today and see what we can do for you.

View the Consolidatedcredit.org review status

Consolidated Credit is proud to be an ANAB accredited member. Accreditation by a recognized and respected body such as ANAB ensures the impartiality and competence of our company. To see what we can do for you, give us a call.

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