How to get a consolidation Loan even with missing payments from a lender
Hi guys asking for my friend, she has a debt of 19.900 Rand's including loans and store cards.
Her income is 11000 a month rent 3000, transport to work 1300 , food 1000 sending money to her daughter 3000 a month.
The banks don't want to consolidate since she has no loans with the same banks.
She wants a loan of 30k consolidate the loan and pay one loan only which I believe will be less than 3.5 a mont and she can reduce the money to send home for her daughter because all loans together she pays 5k plus which she only manage with small hustles
Consolidation will be great she will breathe and pay normal something under or 3.5 and restore the credit score back to normal.
Her credit score is no 638.
Please advise and indicate good lenders.
Remember she missed her last 6 installments with tfg 3 with Mr price 1 with capfin and 2 with atlas finance.
Overall to liquidate all debts is 19.900 no.more