Debt consolidation loans?
due [9/15/2008] asked:
I am about 3,000 or less in debt with about 4 companies is a debt consolidation loan right for me? wells fargo is charging me almost 200 dollors a month from all the fees.
Ron
I am about 3,000 or less in debt with about 4 companies is a debt consolidation loan right for me? wells fargo is charging me almost 200 dollors a month from all the fees.
Ron
December 8th, 2008 at 7:20 pm
It kinda depends on what type of debt consolidation you are talking about….I do not think that you have enough debt to have to use one of the credit card consolidation compainies..which by the way… you have to pay for….but what I think you should do is try to condolidate all of your creditcards to one company that has a reasonable interest rate.
December 9th, 2008 at 9:52 pm
The interest goes up a lot more when you consolidate maybe try knocking out one debt a time, get forebearance on the ones you want to pay last.
December 10th, 2008 at 4:42 am
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 loanold 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.
December 10th, 2008 at 10:48 am
I think debt consolidation is the best way to consolidate your debts if you are not able to manage your debts.
Debt consolidation comes in various forms like debt consolidation loan, settlement plan, management plan and credit counseling.
You can contact any debt consolidation company and they would suggest you which service would be better for you.
Here is the source of a debt consolidation company named which provides all the above mentioned services for your reference
December 12th, 2008 at 7:39 am
need a debt consolidation loan.don’t worry its better for you to try for an online loan.many banks in online lend it with minimum charges.i think that the below website will help you to find right solution.