MarketplaceGovernment Debt Consolidation Loans Does the government provide loans for people with low income for debt consolidation? does the government provide loans for low-income people to consolidate debt? no If you are in receipt of certain benefits (or an immigrant) and then click Yes. That's how we got into this mess in the first place. Slick Willy Clinton forced banks to give loans to people who did anything to them. Then, when the banks were getting the payments from low-income population they had lent to them to get their money somewhere so they went and screwed the middle class who have been more responsible. You must find and talk to your local branch. I fear that most people feel if you ran the debts, you must pay not taxpayers. Posted on February 27, 2010.
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