Posts Tagged ‘debt consolidation loan’
What is the best way to reduce credit debt?
Out of three choices, debt consolidation loan, credit card assistance program, or bankruptcy lawyer, what is the most reasonable way to pay off my debts?
whats the best loan to consolidate debt?
im lookking for a debt consolidation loan with bad credit help me please im fred up of phone calls and everything i just wanna repay what iu owe and have the one payment! help me please
Can someone tell me the best way to pay off credit card debt?
I am open to debt consolidation loan or whatever. Whats the best way and who do I need to contact?
Debt consolidation… Whats best for me?
I have about 00 of debt in collections. 9 of my 11 collections accounts are medical. The other 2 (6) accounts are sprint and brighthouse. My wife and I are trying to build my credit up so that we will be able to buy a house in the near future. As of right now I dont have any "good" credit. The only things I have in my credit file are collections. I do not currently have anything that needs to be paid regularly(car, credit card, mortgage, etc.). I dont have the Money to pay off all of these people, but i want to.
I have heard that a debt consolidation loan would pay off all of these collection accounts and I would only have to pay the loan back, and at the same time, instantly clear up all the negative account information on my credit file.
Id like to know what to look out for when looking for this type of loan. I would also like to hear any success stories that you have with this type of loan.
Thanks for your time!
What to think about debt consolidation loans?
I’m wondering if getting a debt consolidation loan would be the best option for me and my husband. We just got married on May 22nd, both 22 and last month bought our first house. We also have very good credit scores; when we were applying for our home loan we both had 710+. The only thing is now we’re looking at all of our other bills that we have; it’s not TOO much, probably under 8k, but we’re really trying to get them paid off. Most of them have deferred interest right now which is good, but the expiration dates are coming up within the next 6 -12 months and we know we won’t be able to have them paid off by then and the interest rates on some of these things are very high.
Would getting a loan with a lower interest rate to pay off our credit cards be the best route to go? Any suggestions?
Steven, what you’re saying doesn’t even make sense. We already DID buy a house and we DID have the money to make a down payment. Because of that fact, now we DON’T have enough to pay all of our other debts before the interest kicks in.