camdenlilly asked:
any suggestions which company to use? i have thousands in student loans and credit cards and i was wondering if anyone has used any loan consolidation programs, which is the best, which is the worst?
thanks!
any suggestions which company to use? i have thousands in student loans and credit cards and i was wondering if anyone has used any loan consolidation programs, which is the best, which is the worst?
thanks!
Nowadays, many people can get into a bad credit situation if they do not keep track of their income and expenditure. Many young executives suddenly find that they are being offered credit cards by various companies. Those who are sensible will find a credit card that suits their needs, sign up, keep track of their purchases pay off their credit card bills in full each month, and ignore offers from other companies. There are others who may be dazzled by all the credit on offer and will end up with credit cards from several companies. They may easily end up making lots of purchases on credit while making the minimum payments on their cards.
Then, one day they realize just how much debt they are in when they need a debt consolidation loan to get out of a bad credit situation. At the Debt Consolidation and Debt Reduction Service, we do not give you debt consolidation loans. We help you reduce your debts by 40 percent to 60 percent and your payments by 40 percent. We see to it that you pay no interest late fees, or penalties. We get you out of debt, and out of a bad credit situation, within three years. We ensure that you receive no more harassing phone calls from creditors by negotiating with them.
Left by Karlee on January 30th, 2010
Before trying a loan consolidation service, try consolidating them yourself.
I would try. You literally are asking for a loan from average People. The fees are minimal and I think it’s free to list… so you have nothing to lose.
A friend of mine used Prosper to get his credit rating back up, since he couldn’t get a credit card. He had a great experience.
Here’s a really good article on Prosper. Scroll down to the “Personal Loans” section.
Left by Steve B on February 2nd, 2010