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

Conway asked:


I question that everyone should ask….. and want to know.

Craig Similien

seeveelee asked:


I am a student in college at the moment, and recently i have finally sat down and looked at my financial situation.

Turns out i am about 8000 in debt and the monthly payments are starting to catch up with me, i’m starting to miss the payment dates.

Is it a good idea to consolidate my debt into one fee and pay that instead?

Does anybody know any good organization that will help me group up all my debt and save me some money?

Thanks.

Vernon Sprinkles

kikkoman619 asked:


I’m in California and am looking for a lender that can finance a $6-$8,000 personal loan to pay off some debts. I have a decent paying job, and am willing to pay a larger interest rate. I have tried credit.com, AIG, among others suggested on this site. Has anyone found a new lender?
I’ve also tried citifinancial.

Mary

zeus asked:


My spouse received a summons that needs a response in 20 days. This is a Personal card of that spouse only and it is demanding $14,000 for a past due debt. To make it worse this spouse has no job or income to make another arrangement. What does this mean to the other spouse? We live in MN and I have paid all the house payments for 10 years but both names are on the title.
The spouse owns nothing else at this time.

Kim

tygger asked:


Here’s my dilemma. I have about 10k in the bank. I could either use that money to pay off most of my debt (eg. car note, school loan) or hang on to that money for the upfront cash required when buying a home.

The APR on my debt is approx. 5% which is probably going to be better than the mortgage APR I’d be getting. Should I pay off the debt so that I can better qualify for a mortgage loan or should I use that money for the upfront costs?

I heard that some lenders would be willing to up the loan to roll in the closing costs, etc. If I do this, then I can pay off my personal debt to better qualify for the mortgage.

What would you do?

Thanks
I just wanted to add that the reason why I don’t have time to save up another 10k is because the houses I’m looking at are a new construction. I want to get first dibs on the particular one I want.

Brittney Klein

lucina asked:


I am trying to get a credit loan and I have bad credit with a 4 collections on me and is trying to have this removed with a credit score of 521. Does anyone know where can I go or begin to get this loan

Neely Gerlach

xmisskim51x asked:


It is not a must have, but didn’t know if this will help or hurt me as they are my cells phones..
FYI andy, it’s not to pay off my monthly debts, it’s going to be for home improvement, and on the loan application process it was asking for monthly credit cards, car, etc..those kind of debts.. I didn’t know if phone bills should be included when I put my other debt down

Doloris Maker

MJ D asked:


Their brochure mentions “customized savings plan” and says generally they have average settlement of approx. 35% of balances owed. This outfit has an “Inc.” and does charge fee according to debt amount. About how much? Anyone know??? If someone could better explain this I’d know whether or not this is my best way of getting out of debt. I’ve posted b4, saying I’ve very good credit. How would a “settlement” process affect my good credit? Would it lower my score (735)? I’m a renter with 4 ccards-three of which carry High APRs. I’m thinking about using my credit union for a lower interest loan to pay off these cards. Anybody have suggestions. I’m a disabled senior living on m’socialsec and want to get my debt down or gone. Anybody??? I don’t quite understand this “savings plan”…Would I save in my own personal account and not with them? I don’t think I’d be comfortable sending them money to save for me. Who has had any experience with this type outfit??? Thanks in advance; you’re all gr8

Johnson Darting

gocity1979 asked:


I haven’t seen any info of this online. I was told army has new program where you sign up for a six year term and they handle all of your personal debt not just college loans. You just have to pay 100 for 12 months, similar to the gibill payments. is this true. does anyone have info on this.

Sharice Gillyard

Angel asked:


I am looking for somewhere that will give me a personal loan to get rid of my credit cards. I’ve already been to several banks and I’m not trying to do anything that’s going to ruin my credit like the debt relief places I’ve seen. I have good credit and always pay on time but can’t seem to get a loan because I own too much money.

Aleksandra