Getting Out Of Debt Homepage

Question: Debt consolodation/ bills- help ?

(Posted by: Rarrrr on 2009-01-15 16:07:25)

I have a couple of loans I would like to consolidate at a low rate. I have googled all the banks ect, either they decline or the interest rates are through the roof. I never have any money left after paying out all my debt its so frustrating, anyone have any ideas ? Please no Sm*rt ass comments this is a touchy subject! Thanks for your suggestions :)

Posted by: deb1975@sbcglobal.net on 2009-01-15, 16:14:03

Go to your local bank that you normally deal with. Usually they will help out with this type of debt consolidation. If you don't get help there...contact Consumer Credit Counselors thru Catholic Charities (do NOT have to be Catholic to get assistance). They will contact your loan companies and work out a plan to lower interest then THEY will combine your debts and pay each company a managable amount monthly. This will allow you money to live on, will not affect your credit rating, and both compaines will be working directly with CCC instead of you.

Posted by: Zoe on 2009-01-15, 18:48:35

Practically any type of loan can be wrapped into the debt consolidation process. Common types include finance charges, late fees and overdraft charges, credit cards, personal loans, utility bills, medical bills, car loans, store cards, gas cards and back taxes. worldbestloans.com/ Loan-Consolidation.htm Unlike bankruptcy, in which debts are cancelled and your credit rating collapses completely, debt consolidation loans are essentially a type of refinancing, where several old loans are replaced with a new one that has more favorable terms.

Posted by: becc1980 on 2009-01-15, 20:00:04

I've seen ads on the TV for Fox Symes. They specialise in debt consolidation. You might want tot try them.