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

Tonya asked:


I would like to have a safeand secure, legit, personal finance tracker online. Basically where I can input debts and have access to assistance or tips, a way to keep up with my finances and get things on the right track. Any suggestions? I was scared to try some places because I wasn’t sure if it is a safe and secure sight. Thanks!

Christine Haupt

malaret2 asked:


I have a good paying steady job with the best job security(i’m in the Military). im in debt but only because i have all these bills in different places and not enoughf money to pay for all of them, if i had a personal loan for about $5,000-$8,000 i would be more then ok. My problem is that my credit got really bad(horible) and i have tried just about everyplace online to find a loan, at this point im kind of desperite, i would pay an extremly high inteset rate just to get a loan. Any ideas can anyone help?

Ami Balcitis

lildanger2003k asked:


Where is a good place to consolidate my Debt and a good place to get a personal loan to pay off my debt.

Domingo Hammans

crow_326 asked:


Sorry this is long: I cosigned for a fiance’s car loan in 2001. We broke up in 2002. He wrecked the car in 2003 and since he had GAP insurance I figured all was well. in 2005 I started being harassed by collection agencies for a balance of $1500. None of them could explain what the balance was from so I wrote them cease and desist letters and told them to contact me when they could PROVE the debt was valid. I wrote letters and called GMAC to try to figure it out where the balance came from but GMAC would have nothing to do with me.

Now I get a settlement offer of $300 from GMAC themselves. I can afford to pay that and my deadbeat ex has such bad credit he wouldn’t even consider it. After much research, I feel the balance is from an extended warranty so it probably is a legit debt.

But what happens to my credit report? This whole mess is slated to fall off in March of 2012. If I pay a settlement, won’t that ‘refresh’ the debt so that I will have ‘Owed $1500. Paid $300.’ on my report until 2016? I know I’ll also have to pay taxes on the $1200, but that’s no big deal to me. My FICO score is still above average and clearing this mess would put me in the astronomical range, but will potential lenders think better of a settlement that a contested debt?

And don’t bother emphasizing the grave danger of cosigning. I was in my early 20s and had been living with him for several years. I thought I knew him. Hard lesson learned and now you won’t catch me cosigning for my own mother
Just to emphasize, this is me and the creditor, no ‘fixing’ company involved. And other than this account, I have only made 1 late payment to anything in over 15 years.

Clementina Mugrage

David U asked:


I received a settlement letter from a collection agency. I wanted to take advantage of the settlement offer so I sent them a personal check for the settlement amount. I sent it certified mail so I have proof they received it before the offer is to expire. It has been over two weeks and they still haven’t cashed it and I do not want nearly a $1000 check floating out there. Should I put a stop payment on the check and resend a cashiers check before the expiration of the settlement off?

Concepcion Gallinari

ajlnkb23 asked:


I have less than $5,000 in credit card debt, but it kind of has me in a bind. It seems I’m only paying off the interest while the actual balance never goes down. I applied online for a personal loan, but was rejected. I was thinking of maybe using a credit consolidation service to help me out. What ones are reputable? Which ones have you personally used and what were your thoughts on them? Any help is greatly appreciated.

Jarrett Nierer

jesssm1982 asked:


Is it a good idea to take out a personal loan to pay off credit card debt, then there will only be that 1 bill to worry about?
Total CC Debt is $11,000.
CC #1 APR = 18%
CC #2 APR = 27%
CC #3 APR = 28%

Ashley

dolphinsurfcafe asked:


All of my credit debt sums up to $5,600.
The largest one in this group is about $1,600.

What’s the best way to go about paying this off.

I tried a personal loan and couldn’t get one because of my bad credit history.

Willy Sadbury

California Girl asked:


Okay #1 I want to pay everyone back.
Here is the deal. My family and I have about $25,000 worth of debt. Currently I am riding $10,000 of it on one of those 0% APR cards which will turn to 8.99% next March. I have a little here and a little there. I can’t get a personal loan to cover it all with one payment unless I want to pay like 20% APR. I have never missed a payment on anything, Everyone involved has a credit rating of 750 or higher. Where is the help for the good guys who want their credit to remain intact and pay off the debt? Is there free help? I also owe $4,000 on a car, which will end, a few thousand on one personal loan that will end. $3,000 on a fixed 3.99% $350 on a card that is 0% for 12 months and will be paid off in time. I am a good person. Please help!
I have no trouble making the payments. I pay more than minimum. I just want the debt to go away faster. And I don’t own a house.

Gavin Palisi

Jay asked:


I need information on what a good credit counseling or debt reduction company is, and if anyone has personal experience or recommendations.

Todd Moisa