Posts Tagged ‘Debt’

Is it possible to do Debt Consolidation on payday loans while in a consumer proposal?

Thursday, July 14th, 2011

Question by Tom: Is it possible to do Debt Consolidation on payday loans while in a consumer proposal?
I’m currently in a consumer proposal with a remaining balance of 00, I recently got my self cought up in 4 payday loans worth 00 and i’m stuck in the payday cycle. My question is, is it possible to get a debt consolidation done on these payday loans while in my proposal. I can not get a loan anywhere because of the consumer proposal. Thanks

Best answer:

Answer by BigMissle
I have honestly never heard of a consumer proposal, but if I can think my way through the definition, I know it will entail you negotiating your loan balance and payoff type and time. So I wouldn’t attempt to consolidate a loan you are proposing to payoff in the near future..seems like a catch 22 to me.

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Debt Consolidation Loans for people who don’t have homes and have extremely bad credit.?

Wednesday, July 13th, 2011

Question by jaliahbug23: Debt Consolidation Loans for people who don’t have homes and have extremely bad credit.?
I owe about 10,000 on medical bills and about 5,000 on other unsecured items. I earn about 40,000.00 before taxes. Is there a company who can and will give me a debt consolidation loan with bad credit and no homeownership? I am trying to help myself.

Best answer:

Answer by Eric
this place can help– check it out it helped me

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Best Way to Consolidate Debt

Monday, July 4th, 2011

www.consolidate-debt.org How to Consolidate Debt Consumer credit card debt is an often occurance in our current country. The average home has roughly 000 in credit card debt. The mission of Consolidate Debt is to try and help consumers become debt free through useful consolidation…

Chicago bankruptcy attorney Rob Semrad of debt relief firm DebtStoppers talks about another scam draining the financial life out of our communities – debt consolidation loans. Learn more about how to avoid scams and stay out of debt on the DebtStppers website – www.debtstoppers.net Disclosure: DebtStoppers is a debt relief agency helping people find financial freedom through bankruptcy.
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Can auto loans be part of a debt consolidation loan?

Wednesday, June 29th, 2011

Question by steveg4274: Can auto loans be part of a debt consolidation loan?
If so, does anyone know where to get one with the auto loan?

Best answer:

Answer by bowler_j
A lender doesn’t particularily care what the debts are that are paid with a consolidation loan.

They don’t even really watch to see if you pay off debts with the loan which is one reason it can be so dangerous.

Apply at your local bank, list all the loans you plan to pay off and see if your credit is good enough to qualify.

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Directory of credit card debt consolidation loans companies?

Sunday, June 26th, 2011

Question by Sharla: Directory of credit card debt consolidation loans companies?
Anyone have a good site with a listing of credit card debt consolidation providers?

Best answer:

Answer by Jenra
This one is really good -

http://www.creditcarddebt-consolidation.org/

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