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Can I Consolidate Loans When I Don’t Own a Home?

Yes, you can consolidate loans you don’t own a home, it’s just going to change the way you go about doing things. People usually put their house up for collateral and get financing from their bank because these deals are low interest and easier to get.  When you don’t own any real estate however, there are unsecured debt consolidation loans, they’re just harder to get when you have done damage to your credit history. You should accept that you’ll be paying a higher interest rate when you get one of these. If you’d still like to look into secured financing, there are lenders out there who will work with vehicles as collateral, and while less common, there are also ones who will work with high priced items like jewelry.