|
|
| *Loan,banking and credit>>>debt loan |
I need to get a loan to pay off all my debts, what's the best way to go? What companies? |
I need to get a loan to pay off all my debts, what's the best way to go? What companies? http://www.CashCall.com Loans up to $20,000, simple interest, flexible terms. Credit Union What kind of debts? Have you tried consolidating? That will not pay off your debt, it simply moves it around and then frees up your credit cards to charge them up again! Call all of them and work out a payment plan and try to get your interest lowered or stopped. Then, make the minimum payments on every one of them. On the lowest dollar value, put all your extra effort toward paying it off. Once it is paid off, then roll that extra money to the next largest balance. Continue this snowball until all your debts are paid off. You proabbly need to cut your expenses back to the bare minimum. Get rid of cable, cell phones, internet, etc. Lower your electric bill, gas bill, water bill, etc. Don't eat at a restaurant until your debts are under control. Try to increase your income by getting a second job. If you have a car with payments, get rid of it, and buy a good dependable used car for CASH. Go to the library and get "The Total Money Makeover". Read it and follwo it carefully. Go check out Dave's website as well. www.daveramsey.com You could try Prosper: http://www.prosper.com/join/lloe... It is a website that does like a peer to peer lending group or whatever. Kinda worth a shot if you want to consolidate(like many on there are doing) and just have the one monthly payment. If you have decent credit, you can get a line of credit without collateral requirement to consolidate all of your credit cards into one payment. Shop around. Most major bank like BOA, Citibank, Wachovia, Washington Mutual..etc.. all have line of credit that you can apply. Of course, go with any bank that offers the lowest rate. Don't trust people on Answers to personally assist you. Be careful with small loan companies. Try to get a line of credit from an established, reputable bank. You could get a 10% personal loan from Citibank if you have good credit. If you have below average credit, then you might want to sell something or get an extra job to pay it off. In the meantime, get the lowest interest rate as possible with no pre-pay penalties, etc. This is assuming that you do not own you own home. If you did, you could get an equity loan. The best way to get out of debt is to get very low interest rates and then pay off the higher one first and also stop spending. |
| Tags |
| education loan secured loan refinance loan loan rate sba loan debt loan cash loans bad credit mortgage best credit card business credit |
SiteMap--Copyright/IP Policy--Contact Webmaster--Resource of HR For personal non-commercial use only. |