Archive for October, 2009

Is it better to take out a personal loan or apply for another credit card?

Saturday, October 31st, 2009

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. [...]

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Saving small business assets through personal bankruptcy?

Monday, October 26th, 2009

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 [...]

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What type of qualifications do you need for a personal loan?

Saturday, October 24th, 2009

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 [...]

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Why does the government not seize the personal assets of officers of failed banks?

Saturday, October 24th, 2009

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 [...]

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Can I get a realistic answer for getting out of debt?

Saturday, October 24th, 2009

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. [...]

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I have fair credit and a lot of debt and need a personal loan?

Saturday, October 24th, 2009

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 [...]

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what are the differences between a line of credit and a personal loan?

Tuesday, October 20th, 2009

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, [...]

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What are my chances of getting a personal loan?

Monday, October 19th, 2009

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 [...]

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what’s the difference between a personal line of credit and a personal loan to consolidate debt?

Monday, October 19th, 2009

Tomorrow Comes Today asked: which is smarter in the long run
thanksMaegan Harbinson

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If I only have aboubt 10,000 in debt (half being a personal loan and half being credit card) should I file BR?

Saturday, October 17th, 2009

meighshell asked: Or should I get my amounts “settled” or lowered with one of those kinds of companys?Lazaro Leming

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