May
03
Can I get a debt consolidation loan with bad credit?
By
I would like to get a debt consolidation loan for my outstanding debt from closed credit cards, old utility bills, etc
I have student loans, but I would like to consolidate them separatley and not through another loan.
Also, I have an auto loan, would the loan be able to cover that as well?
Please, real answers, and no opinions/judgements.
Thank You.
Quick Property Sale
Can anyone refer me to a good debt consolidation center?I have all sorts of debt. 3 closed checking accounts and one closed savings account, a closed credit card account, and four bounced checks. Does anyone know of a solid...
Debt consolidation will leave you with a huge debt ratio, and close all your credit cards?When you consolidate debt, it shows all old debts as being paid, etc, but the one new debt ratio, which is the amount being owed to the consolidation company will...
What is the best debt consolidation loan company?My credit is not that good its actually poor. I am only $20,000 in debt but would like to consolidate both my credit cards and car payment. I would like...
Planning For A Debt Consolidation LoanIt can be absolutely hard to do away with bad credit even when you have a debt consolidation plan, most especially when you still use your credit cards indiscriminately. To...
What company or companies gives out debt consolidation loans to people with bad credit?I want to know if you personally found a company which considered your case and gave you a loan even though you have bad credit and outstanding balances. I have...
Leave a Comment
You must be logged in to post a comment.
2 Comments
July 23rd, 2009 at 4:43 am
You probably could however the interest rate may be high. I would start with your own bank as they know you the best. I work as a customer service agent with GMAC where I deal with people asking about refinancing all the time and I refer them to their own bank or credit union. They might be able to work out a deal because you have a “professional/personal” relationship with them.
July 23rd, 2009 at 1:50 pm
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. A debt consolidation loanold loans are replaced with a new one that has more favorable terms. Your loan consultant will negotiate with creditors on your behalf, so you’ll no longer have to deal with harassing phone calls and daily mail.