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Normally, the amounts disbursed as unsecured debt consolidation loans are lower than what would have been if the debt consolidation loan was secured. Wells Fargo Financial, for example, suggests its customers home equity lines of unsecured debt consolidation loans starting at $10,000, whereas unsecured personal loans for debt consolidation at capped at $10,000. So unsecured debt consolidation loans are mainly for those individuals who carry lower credit card debt, but still want to consolidate

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Tags: Credit, Credit card, Debt, Debt Consolidation, Home, Loan, Personal, Personal loan, Wells Fargo

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