Hello all, I have a question regarding debt consolidation. I have about 15k worth of debt and have tried applying to two companies for a debt consolidation loan and was denied both times. I thought about trying what one of the other posters suggested , writing to the individual companies threating a voluntary bankruptcy order. I have about 10k in the bank, but I don’t want to borrow from that lender because I wouldn’t be able to use the money in my account. My credit is only good. What other options do I have? Thanks
5 responses so far ↓
1 Miss Priss
Im a little confused. you have 10k in the bank and owe 15k in debt? id be happy to answer your question if you could clarify!
2 John S
Check out this website. You may find your answer through this.
3 Kayden
Practically any type of loan can be wrapped into the debt consolidation process. Common types include finance charges, late fees and overdraft charges, credit cards, personal loans, utility bills, medical bills, car loans, store cards, gas cards and back taxes. A debt consolidation loan allows you to condense your monthlyold loans are replaced with a new one that has more favorable terms. Your loan consultant will negotiate with creditors on your behalf, so you’ll no longer have to deal with harassing phone calls and daily mail.
4 Janey t
You should consider debt consolidation or debt reduction to make a reduced payment and get rid of it all. A good debt negotiator can get your debt reduced over 50%, especially if you have good credit. Contact a professional.
5 Jennifer
Hi,
I used “Credit Solution” to settle my debt and improve my credit score.They managed to reduce my debt up to 58%.It’s legitimate. Icame across this company on NBC News Special Edition.Check it out here: