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Does any one Know if Personal Credit Loans are good to pay off Debts, if you have NO property?



Does any one Know if Personal Credit Loans are good to pay off Debts, if you have NO property?

All debts are good to payoff debts. Why would you ask that unless you intended on not paying them?

I write a blog on the subject of credit management, mortgages, real estate trends, etc. Check it out for more information that may be helpful. Source(s): http://www.tomvoli.com/2006/11/08/should...
It depends on which interest rate is higher really. If you have no property, you will be very limited in the type of personal loan you can get. They are usually for less than a year and at huge (upward of 30% apr) intrest rates. Don't rob Peter to pay Paul. Just keep paying Paul.
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