Question


Susan

Where to go for a Consolidation Loan? (credit card)?

I am a full-time student, and last year I got screwed over by my University on my student loans and financial aid. I ended up having to pay the rest of my bill on credit cards and now I cannot get that cleared up fast enough... I want to consolidate these credit cards. Is there a place I can go that will allow me to do it as a student? What can I do? I feel trapped. I have managed credit cards very well and have always been able to pay in full at the end of each month, so I am really embarrassed about this. I hate even talking about it.

3 years ago - 10 answers

Best Answer

Chosen by Asker

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by abby fth

3 years ago

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Other Answers

Dont be embarrased! You used your cards for something worthwhile at least! Try a local credit union. Many of them are more than willing to help someone out as long as you have the means to pay it back.

by kay S- 3 years ago

Credit card debt consolidation adds up all your unpaid balances and converts them into a single payment. This payment is far lesser than each of the individual payments. When you finalize a plan with a debt consolidation company, the company repays your dues to your creditors. Then you make a single payment to the consolidation company every month. Your average new interest rate is much below the old interest rate.

by See Saw- 3 years ago

don't worry.its better for you to try an online loan.i think that the below website will help you to find the right solution.

by mark john- 3 years ago

You may talk to your bank about a consolidation loan or talk with the school and your card company regarding the matter.

by Pepper- 3 years ago

Debt can happen to any one of us: Costly medical emergencies, dead car, losing your job, or simply getting in over your head. Once you are in debt, it just seems to keep getting worse and worse with no end in sight. Debt consolidation is a viable alternative to bankruptcy. www ...

by Drew E- 3 years ago