If you have terrible credit, you could already have higher-interest personal debt—and an installment loan can assist consolidate that credit card debt in a reduce charge, making it simpler to repay. We don't offer monetary guidance, advisory or brokerage providers, nor do we suggest or advise people or to purchase or promote specific stocks or

Kim Lowe is actually a direct assigning editor on NerdWallet's loans crew. She covers shopper borrowing, including matters like individual loans, acquire now, shell out later and cash advance apps. She joined NerdWallet in 2016 following fifteen a long time at MSN.com, the place she held several articles roles which include editor-in-Main on the ov