A debt consolidation loan for bad credit is a personal loan that you use to roll (or consolidate) many debts into one. These are typically unsecured loans.Our 3-step personal loan application process provides fast approvals and quick access to funds. CNBC Select compared debt consolidation loans for borrowers with less-than-perfect credit based on score requirements, fees and interest rates. Gather Documents Needed. Borrowers with credit scores below 640 can still qualify for bad-credit loans from reputable lenders like Upstart, Upgrade and Best Egg. A Personal Secured Loan 1 is a smart way to boost family finances when you want to consolidate debt, make home improvements, pay for car repairs or needed help. Debt consolidation in Nevada is a strategy that involves combining multiple debts into a single, more manageable loan. Debt collectors are prohibited from engaging in abuse and harassment to get you to pay a debt. You might also be exempt from collection.