Archive for December, 2009
If take out a debt consolidation loan secured through your home will that affect if we try to refinance mortg?
Stephanie B asked: needing to consolidate credit card debt. but would like to in future refinance home soon. will it cause a problem with refinance if secure with home?Eldridge
Should I use a loan to payoff some credit card debt?
s.dimeo asked: I currently owe approximately 10,000 in credit cards and an additional 30K in Student loans. I make my payments on time, though usually right at or slightly above the minimum. I received a pre approved loan (I assume debt consolidation) from citifinancial for 6000. I was curious to see if it [...]
Debt Consolidation Loan w/ Horrible Credit?
angel3029 asked: Does anyone know of where I can get a debt consolidation loan with a score of 519? I have a decent monthly income now but I have so many different debts I can’t seem to get ahead. I’ve heard too many horror stories about debt management companies to try them and I don’t [...]
Getting out of high interest credit card debt?
ME asked: We have a high balance on some high interest rate credit cards. We own our home…I am wondering if there is any tips or info on refinancing and including our credit card debt into the refinance or debt consolidation. I don’t know much about it. How much is normal to be charged for [...]
What is the best debt consolidation service to use?
Kathy S asked: Im Looking at a lot of credit card debt and its beginning to become to much for me. What services if any are the best to use when looking to consolidate? Fyi im have about 7 different credit cards with some substancial amounts on them!!Help Please!Shad
Is doing “nothing” better than declaring bankruptcy when can’t keep up with credit card/medical debt anymore?
ckr t asked: Can’t even afford “debt consolidation” either since can’t afford monthly payment to have all debts paid off within a certain time frame…Have been heavily burdened and stressed trying to make minimum payments over the last six months and just can’t do it anymore! Is bankruptcy the best thing to do? I am [...]
Is a Debt consolidation/personal unsecured loan a good plan?
simonselmira asked: We currently have three auto loans and three credit card, making six payments going out each month. The average APR on all come to 11%. Some of the autos were used so the APR was not so great and the CC are from ages ago when our FICO wasn’t that great [...]
How serious is it to be $10,000 in credit card debt?
TronBlaster asked: I make $32,000/year and have these monthly payments: $180 car (paid off in next two years), $900 house/utilities, $170 auto insurance, $180 credit card, $54 phone + Gas, groceries, etc.
How long will it take me to pay off my CC debt? Do I NEED to get a second/better paying job? Do any of [...]
Can you use a student debt consolidation loan for personal use?
mistyerious asked: I have researched online and am still not clear on how this works. I really need a personal loan to help out with some other bills and am no longer able to take my classes. I am now in deferrment on my federal loan and they don’t do credit checks or [...]