Personal Debt-Information On Average Personal Debt, Personal Debt Consolidation Loan, Personal Debt Consolidation

coachgirl_09 asked:


I am trying to pay off credit card bills ($2,000 in credit card debt), get a new laptop and set aside $2,000 for a deposit on an apartment for next year. Is it better to take out a personal loan or apply for another credit card and do a balance transfer on it. Thanks!

Toney Castellon

helpme asked:


I have a small business… sole proprietorship…. i’m having to file personal bankruptcy…mostly credit card debt and medical bills. Can I protect my business assets (my computers and some other stuff are exempt under Ch 7, but not office furniture which exceeds the personal exemption) if i convert it to a corporation a few months before filing?

Norine Janik

i’m f*ucked asked:


I have about 3 credit cards, 7500 total, almost maxed out, I would like to take on a personal loan but do not want to pull my credit. What kind of debt to income must i have, how much income do i need to make, and what other qualifications would i need to get a 7500 loan? any other information besides the answers to my questions would be appreciated.
and also what kind of credit score would you need

Karena Quasdorf

Proud American asked:


With all of the bank failures occurring and the fact that many of the banks that caused this chain reaction used deception to mass up all of the fouled mortgages and the banks abusing sensitive and questionable debt mechanisms, why is it that their officers and CEOs get to retain the personal wealth when they caused all of the problems we are facing?
If I were to start a holdings company that invested money and lost it I would loose everything I owned to recoup the losses. Is there any form of punishment that can be inflicted upon these criminals? They did spawn a disaster. Mark my words: REMEMBER 1929! We are revisiting it folks. The worst is yet to come!

Isiah Irimata

Sybil M asked:


I have read and listened to numerous “get of debt” solutions. Are these books for real? The rolling affect of once a credit card is paid off put that payment on the next credit card and so forth? We currently have a $12,000 personal loan that is 21% interest. Our payment is $316 a month but they take out $298 every month in insurance and interest. How are we supposed to get out of this loan if our payment is always taken out from underneath us? We are a one income family. I am also wanting to find some income but haven’t had success in finding a NO SCAM stay at home job. Even the ones that were posted to my question a couple of days ago seem shady to me. So….please we are needing some relief before we go under financially with four kids! Help! Any other money saving/earning suggestions? Thanks soooo much!
Just for the record…..we don’t use the credit cards any more…cut those babies up long ago. We are trying really hard to make the payments on all loans/cards. We pay extra when we can. We also don’t want our credit hit again due to the fact we want to move soon. Credit score will drop with each hit. So, refi is out of the question. Credit counseling is a no go as well….damaging to credit in the end. We haven’t had a late pay in 14 months but want to get ahead, ya know? We only have $27,000 debt (I say only because that is below the ave of most people) however, it’s above our means.

Marshall Eppenger

anonymous tipster asked:


My renters trashed my house and I need a loan to fix the damages to get it up to speed to rent it out again. I need to borrow at least 7500 and I’ve tried my credit union and was even turned down my citi financial. I make 40.000 on paper, but with under the table pay I really make 60.000. Of course this doesn’t do me any good. So I make very little on paper and have a lot of debt, student loans, house, car, credit card, etc.

I need the money but don’t know how to get it! My credit score isn’t great it’s a 643. Need help!

Alex Liquori

Nick D asked:


I would need 10 000$ to buy a used car. I have only 455$ credit card debt, my credit score is excellent. Can you tell me the advantages/disadvantages of a line of credit and a personal loan. I asked my bank adviser and he told me to take a personal loan, but why? I was a little bit skeptic.

David Keitt

axr asked:


Hi, I am a non-us resident with an H-1B, with no debt right now making 60K a year renting an apartment with a 93 toyota car. I am able to save $1500 a month. I would like to apply for a personal loan of about $25000 to repay a loan I took back in my country where is interest rate is extremely high and I am wondering what you guys think about my chances.
Question two would be is there any not-for-protfit agencies that can help me with choosing the best loan. PReferably it is not online.
Third question is can I get a car loan and then not buy a car and use it for other purposes?
Thanks

Chad

Tomorrow Comes Today asked:


which is smarter in the long run
thanks

Maegan Harbinson

meighshell asked:


Or should I get my amounts “settled” or lowered with one of those kinds of companys?

Lazaro Leming