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Can auto loan be added to the consolidation program?

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Can auto loan be added to the consolidation program?

Auto loan is a secured debt. You can opt for refinancing. Consolidation program won't work.

Sub: #1 posted on Wed, 09/27/2017 - 11:23

(Posts: 3859 | Credits: 390.9)

Secured loans don't qualify for consolidation programs. As SC said, you can go for a loan modification or refinancing.

Sub: #2 posted on Wed, 10/04/2017 - 18:08

Phil Bradford Phil Bradford

(Posts: 138 | Credits: 14.17)

Auto loans can't be consolidated, you have to go for refinancing.

Sub: #3 posted on Wed, 10/04/2017 - 18:43

Barbara Delinsky Barbara Delinsky

(Posts: 213 | Credits: 21.06)

Usually, you can't add an auto loan in your consolidation program; however, there can be a way out.
If it's possible, you can make the remaining payment with your credit card and later transfer the balance to one low interest credit card; that's opting for balance transfer.

Sub: #4 posted on Mon, 10/09/2017 - 16:35

Good Nelly Good Nelly
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(Posts: 2619 | Credits: 527.87)

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