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

KarenB asked:


I own my home, but do not have enough equity built to refinance and get $50K to pay off credit card debt-what are my options? Someone told me a second mortgage may work, but I have only owned my home for 14 months. Balance on my current mortgage is $77K, home value is max $90K.

Candelaria Mckean

jlynna10 asked:


I need to consolidate some unsecured debt. Will someone with personal experience with a consolidator give me their website so that I can research it.

Caridad Szoka

jimbojimbo asked:


Do they really help? Does your monthly payment really drop substantially? Did it work for you?

Rivka Schunemann

sandrarosette asked:


I am looking for a debt consolidation company that isn’t out for money like the credit companies. I have paid off over half of my cards and lack another four, one of which has doubled my interest due to a “long term balance” When I explained I needed the inerest lowered again, since I have been trying my best to pay it off, and now they raise the interest, it will take me twice as long to pay off! I need help! I want to pay off my debt, but the 26% interest is what is killing me. They said they won’t lower the interest, until I pay half of it off. But how can I do that with the interest the way it is!

Any one who may have had some good experience with a debt consolidation company, could you please refer me??
Thank you.

Jim

blcross03 asked:


I am really bad with paying bills and my credit has taken a hit these past couple years. I make enough money where I should be able to pay everything with no problem but for some reason I continue to struggle. Do you think a debt consolidation would be best for me and to help me improve my credit score? Does this really work?

Sophie Pallas

Julia S asked:


I’ve called several companies who consider themselves not-for-profit but when I talk to their reps, they start throwing out different fees which definitely are above common administrational costs. A couple of other companies I’ve called are somewhat reasonable with their fees, but the interest rates are bad. It seems as though they’re supporting themselves through whichever financial institution ends out loaning the money. Maybe I’m wrong and just haven’t found the right company??

Does anyone know of ANY debt consolidation companies that are reasonable? Low, fixed interest rates, no penalty for early payment of the loan, no hidden costs, etc.?

Any help you could give would be very much appreciated!

Julie

Randal Isaacson

Florencia F asked:


It is true that bankrupcy is going to show on my credit for the rest of my life? They are asking for $600 for a monthly payment and I cant do that amount. What can I do? I dont want to do bankrupcy
Thank you!

Celena Ciprian

bowiefam1 asked:


… as far as my credit score goes?

Leilani Oyer

shane asked:


I am getting pretty deep into debt slowly. I have a charged off car payment that I have to pay off, a credit card bill, an old cell phone bill, and a student loan. The student loan is actually being defered right now but everything else is outstanding. It probably totals $8000 mainly because of the car payment.

Most of these bills are old from when I was a few years younger. How do debt consolidation companies work?

Dahlia Smyer

lbaker509 asked:


I recently purchased my home and now have plumbing issues that are not covered by my insurance. I have some equity, but cant seem to get approved for anything, maybe I am looking in the wrong place. Help!

Irwin Timchula