Mar
31
which bank we should contact for debt consolidation loan?
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we have 3 credit cards with 15K debt and paying average 15% APR …and we think we should try for debt consolidation personal loan which doesn’t require any collateral or home equity…so based on experience can you please suggest which bank we should contact for such loan?
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2 Comments
April 19th, 2009 at 10:40 am
you can contact Citifinancial, ge money,hdfc,icici…all these do debt consolidation..your probs will be solved,, but be choosy in your interest rates, coz they will be diff for diff banks…
April 19th, 2009 at 2:19 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.