The numbers are staggering. The Federal Reserve indicates that consumer debt in the United States continues to rise and represents a total of $3.03 trillion dollars as of September 2013. According to statistics published by the Census Bureau , that works out to over $9,600 in debt for every man, woman and child that lives in the United States. As MoneyZine pointed out—what’s staggering is that the $9,600 per person doesn't include debt associated with mortgages. In order to help consumers out with debt, many customers have seen the benefit of debt consolidation loans that help them use funding from loans between $5,000 and $20,000 to pay off a series of smaller debts. This method is made possible through loans through West Bay Cash.
This form of debt consolidation is also useful in combating credit card debt. Recent statistics show that there were approximately 156 million credit card holders in the United States and a large portion of them hold at least some debt on their credit cards. With an installment loan to use for debt consolidation, you can use your loan any way you want. After you are approved electronically for an installment loan, our lenders will work with you to electronically debit your bank account for the amount you owe in installments. This allows you the luxury of controlling your situation and knowing your fixed payments.
We recently published a great article about the increasing ways customers can consolidate their debts with WestBayCash.com.
We also explored a how to pay down Credit Card Debt without using a Credit Card with WestBayCash.com
West Bay Cash offers a fresh approach to borrowing. Our network of lenders can help you get the cash you need. The process is fast, secure, and free!
Use the cash for: major appliance purchases, home improvements, boats, bill consolidation, car purchases or repairs, mobile homes, vacations or something else! Whatever the need, West Bay Cash is here to help!
Our lenders offer a variety of affordable loan programs for every budget and credit score. Terms can range in length up to 3 years. Start the process now!
