Question
Should i get this consolidated?
I have a $700 credit card bill, a $500 credit card bill, and a $960 student loan, i'm behind in all of them b/c of financial problems, should i get them consolidated?? will there be too many fees added? whats the best company?? or are there any other ways i can work with them besides consolidation??
3 years ago - 3 answers
Best Answer
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The common methods to reduce credit card debts are: - Debt consolidation: This is the widely used technique to settle the card debt. You take a loan which has lower rate of interest to pay off the credit card dues. - Debt negotiation: You try to make a deal with your lending bank so that you as well as your bank will gain from it. This leads to both the sides gaining in the process. - Debt management consultation: Contact a debt consultancy and find a solution to your debt problem. Using either of the above methods will help you in proper management of your credit card dues. This will let you be in charge of your financial situation, rather than allowing your bank to ruin your financial life.
Source(s)
by jimh m
3 years ago
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Other Answers
um, you can't get a student loan consolidated with regular credit bills. but you should have them consolidated and them try to defer the student loan. credit companies with work with you if you need help. just call them and work something out. you're credit really isn't as bad as you think it is.
by & Another 1- 3 years ago
I have placed this in the source box. There is a wealth of information there and a great free debt management software program. I bookmarked the site as I return to it often for the advice it offers. I hope this helps you.
by clicks- 3 years ago