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

Trxy asked:


I ended up using my company credit card for personal use while on medical leave. I was not able to pay it off completely right away and it was sent to a collection agency. I have a very nasty debt collector calling me all the time now (which is to be expected) but her story seems to change so I’m not sure if she’s being honest or using scare tactics.
I contacted a debt management program and am working on paying off the debt over the next 12 months. Meanwhile, this woman keeps calling me and now she’s apparently (according to her latest voice-mail) set up a conference call with my corp office tomorrow.
I’m just wondering if there’s some reason using a lump sum settlement won’t work on a corporate card?

Brooks Finan

misterio 10 asked:


i forgot to mention that the personal loan is for a debt consolidation

Rodney Pettipas

Lotus asked:


I’ve been wanting to do some debt consolidation and I tried applying at my personal bank but couldn’t get it. Does anyone know of a good place to go with fair credit?! How do people expect us to pay off our bills? I can’t do debt consolidation through a company because I’m only $7500 in debt and they require $10,000. Let me know! Thanks!

Carmelina Amsdell

Reno asked:


I’m trying to collect money from a former in-law and am wondering if I can use the divorce decree which assigns the loan that I gave to the couple during the marriage to the petitioner in the decree. Is this enough evidence to make a case in small claims court that this money is owed?

Gertha Dolven

Pat B asked:


I have my own business and it has been around for over 4 years. My business has excellent credit including 3 credit cards and multiple vendors that I buy equipment and hardware from. I am going through a debt consolidation/reduction plan right now and have charged off 3 credit cards and paid a reduced amount as a settlement so basically my personal credit isn’t in great shape.

Citibank recently cut my credit limit on a BUSINESS credit card from $15,000 down to $2000 stating that they reviewed my personal credit and based on their review they lowered the limit on my BUSINESS credit card. How is this possible for them to base my business credit on a personal credit review?

I was in the middle of a business trip and was unable to pay for the rest of my meals and hotel because I only carry one credit card since it had a more than adequate limit. Needless to say it was a mess to scramble to find money to pay for food and expenses the last week of the trip.

Blossom Corish

mikewpu04 asked:


Does anyone else feel like in today’s economy, it is impossible to get ahead. You need debt to buy just about everything!

I am a 25 year old guy who live in NJ. I make what many would consider good money. I am not a lavish spender, I drive a Honda Civic. Yet, I can barely afford any of the houses in the area.

Are you in a personal economic recession?

Cordell Boote

Jake L asked:


I’m thinking about using a credit counseling agency or debt repayment plan but I’ve heard a lot of conflicting information about them in my research. Do you have any personal experience with it? Would you recommend it? Thanks.

Jack Grant

wudwrker asked:


Can a credit card company place a lien on personal real estate to satisfy a credit card debt in Missouri?

Bruno Rampa

Mister Happy asked:


A loan application provides the following options for reasons for a personal loan.

Boat
Caravan
Debt Consolidation
Divorce Settlement
Electrical Goods
Furniture/Fittings
Funeral
Home Improvement
Holiday
Medical
New Car
School Fees
Used Car
Wedding
Personal Tax Bill
Cosmetic Surgery

How would the purpose chosen affect the loan decision in todays financial climate?

Cecille Teo

dederyan5 asked:


I saw the best answer that there is no such thing; I know I may be to gullible but how about all these people on line stating they got grants to buy a new house or new car or pay off debt? Is there any way to get a grant for personal use?

Wilber Craigmiles