Debt Consolidation-Tips On Debt Consolidation Loans, Credit Card Debt Consolidation, And Non Profit Debt Consolidation

grimseraphim asked:


How can I lower interest on credit cards? and lower the minimum payment?
I am working with a non-profit to help people in the community with debt consolidation and budgeting. I am looking for tips, suggestions, strategies and proven methods for debt consolidation/credit counseling. Also, in need of assistance brainstorming for budgeting for people of various ages and lifestyles including money saving ideas on:
mortgage/rent
homeowners/renters insurance
property taxes
home repairs/maintenance
home improvements
electricity
water/sewer
natural gas/oil
cable bill
internet service
telephone land line
cell phone
college tuition
groceries
eating out/restaurants/lunches/snacks
child support
alimony
day care/babysitting
insurance(medical,dental,vision)
medical expenses/ co-pays
Fitness(yoga, massage, gym)
car payments
car gasoline/oil
auto repairs/maintenance/fees
auto insurance
transportation(tolls, buses,subway)
credit cards
student loans
other loans
clothing/dry cleaning
toiletries, household products
gifts/donations(e.g.)church
grooming(hair, make-up, other)
miscellaneous expenses
Please any help is greatly appreciated!

Winter Hules

Chicco J asked:


I need some advice …..
I have about 9 thousands dollars debt that I would like to pay off ….
Its from a credit card a few years ago that went bad …
I had a personal crisis and wasn’t living in my own country so I just left it and thought it would disappear , I was young and stupid and also I thought I was never going to return to my own country and then something happened , I met the love of my life and we moved back to Australia as it was easier with visa issues etc . Now the thing is , I have the bad debt lingering around , well they didn’t contact me as they don’t know I am back in Australia , but now that my partner and I are very serious and are considering getting a house in the next years , I thought I had better sought this out asap because it can affect my suture right when we want to get a home loan etc .

I don’t know what do , if I should try to get a 19 thousand dollar loan ( if anyone will lend to me ) or if I should consider a debt consolidation loan . Can anyone help me ?

Any advice , tips or info much appreciated .

Thanks

Long Gauani

Justice asked:


I read that they pay off all your debtors. And you pay the consolidators once a month. So what are the pros and cons?

Freda Jongeling

Padders asked:


My mother is over $20,000 in debt due to impulse buys and necessary home repairs. She has 3 credit cards and had things paid off or nearly so until the repairs came up. She owns her own home but may lose it due to the debt.

What are the pros and cons of debt consolidation? Which places are legitimate if we decide to go that route? (I’m helping her look into various avenues.) Do they charge for their sevices or are they free? How do they work?

Any tips on preventing this kind of thing from happening in the future? She does cancel cards as she gets them paid off since she doesn’t want to be more in debt.
The mortgage on the house was paid off last year. It is the home repairs made since then and a buyout of one of the credit card companies by another bank that has her in financial straits. She has been paying above the minimum amount owed on all 3 cards for some time trying to get them paid down.

Jack Grant

Franc Carey asked:


What is a reputable debt consolidation company?

Perry Shaeffer

tarah cordell asked:


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.

Cecil Popadiuk

antoinette sundholm asked:


I am looking for the best debt consolidation company to help get me out of the mess I am in. Suggestions?

Bradford Derizzio

ME asked:


We have a high balance on some high interest rate credit cards. We own our home…I am wondering if there is any tips or info on refinancing and including our credit card debt into the refinance or debt consolidation. I don’t know much about it. How much is normal to be charged for these things? What is a good trustworhy business to go through? What are my options? Am I just going to get myself into deeper debt?

Kathey Hobgood

toolate asked:


also can u keep some credit cards open and just consolidate what u want?

Major Eilertson

jeffreyking18 asked:


I am 20 yrs old and in 25k of bad debt. I am in process of starting my own dogwalking service after working 2 years for an established dog walking company. i know exactly what to do and 100% confident i will succeed. with that being said, my plan is to get a total loan of 58k to consolidate my debt and buy a new car. my mother has offered to co- sign on the loan and make my first 2 payments while i build my client list. dog walking is a very lucrative business, i’ve done it and have seen the kind of money that comes in. i know i can pay this loan in 2 yrs since i don’t pay rent nor pay many bills except for my cell phone and gym membership. My mother and i are planning to speak with Bank of America. Is this loan possible?? what are some good tips of advice????

Mary