Photo courtesy of Pennie.
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Debt consolidation sounds simple: combine multiple high-interest debts into one loan with a lower rate and a single monthly payment. But for many borrowers, the process of finding that loan can feel overwhelming — multiple applications, uncertainty about approval, and concerns about who has access to their personal information.
Pennie, the consumer-first loan marketplace at trypennie.com, was built to simplify this process. The platform connects borrowers with consolidation loan offers from a nationwide network of lenders, using an income-focused model that considers more than just credit scores — all while prioritizing borrower…