Question : What company or companies gives out debt consolidation loans to people with bad credit?
I want to know if you personally found a company which considered your case and gave you a loan even though you have bad credit and outstanding balances. I have researched enough about counseling and debt consolidation loans. I just want to know who has actually gone through the process and which company you used. Thanks
- asked by eighb
All Answers: Answer #1 Hey, Its a good thing you want to get your debt incheck. I wanna offer you an alternative to a debtconsolodation loan. Its called a debt snowball.Gather up all your bills and look at theoutstanding balances. take the smalles balancethat you owe and throw every penny you got at itwhile making minimum payments on everything else.once that debt is paid of you take the money youwere paying on that bill and apply it to the nextone. My wife and I are doing this while I'm inAfghanistan and we will have about $13,000 paidoff by the time I come home. We started makingpayments of $250 a month on a $700 credit card, weare making payments of $2,000 a month right now!It takes time and a lot of discipline but it doeswonders for your credit rating....but I have nointerest in going into debt again. - answered by bigdan6974
Answer #2 if someone wants to get out of debt today it ispretty easy with a debt consolidation plan howeverit may get a bit tricky at times, I suggest youget as much information as possible online on thisfirst,a good place to start in my humble opinionis: http://umgarticles.atspace.com/debt-consolidation.htm - answered by dreamscorporation
Answer #3 you can use http://www.researchitforme.com/wesayes/loansor http://www.wesayes.comboth do what your asking for - answered by suzypeaks
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