Tryascend.com
Ascend
Tryascend.com
Ascend

Debt Consolidation Comparison

Compare Ascend Debt Settlement to an Installment Loan.

Complete the following to compare your debt consolidation options.

Estimated Monthly Payment

$0.00

Debt Settlement

Estimated Monthly Payment

$0.00

Installment Loan

Debt Settlement

Overview:

  • Credit score often lower than 620
  • Does not need cash today
  • Can not afford monthly payments

Best For:

  • Debt consolidated into one payment
  • No program fees until first debt resolved
  • Generally lower monthly payment
  • Ready to not incur new debts
  • Avoids bankruptcy

Potential Downsides:

  • Credit score often drops temporarily
  • Limited to those experiencing financial hardship
  • Accounts may be sent to collections

Installment Loan

Overview:

  • Credit score often higher than 620
  • Does need cash today
  • Can afford monthly payments

Best For:

  • Debt consolidated into one payment
  • Credit score generally stays intact if paid on time
  • Can receive a better interest rate than current debt
  • Can continue to incur more debt

Potential Downsides:

  • Can be difficult to put 100% of loan proceeds to pay off existing debt and not incur new debt
  • May have higher interest rates than existing debt
  • Origination fee may be high