How can you get a debt consolidation loan

[infowebz]

You need to place some documents to get debt consolidation loan like
1. Your monthly budgetas a proof that you can afford the loan
2. Papers to proof that you have enough income to make the payments
3.Extra security and referrer.

[lotus]

   1.
      Step 1

      Add up all of your debts. Include all credit cards and loans.
   2.
      Step 2

      Check the interest rates you are paying on all of the credit card accounts and loans. (Interest rates on credit cards will generally run from 12 to 21 percent.)
   3.
      Step 3

      Find a lender. Contact several lenders and compare their loan products. Look in the yellow pages, ask a local real estate agent for a referral, or check the Internet.
   4.
      Step 4

      Determine which lender has the best debt consolidation loan for you. Loans will vary in length, interest rate, amount loaned and type of interest rate (fixed or adjustable). The interest rate and loan program you qualify for will depend on your credit, income and equity.
   5.
      Step 5

      Complete a loan application and supply all requested documentation.
   6.
      Step 6

      Submit copies of all credit card and loan statements that will be paid off to the lender.
   7.
      Step 7

      Complete the loan process. (This typically takes three to four weeks.)