Over the past few weeks, a couple things have happened that have made me re-examine where I am in life. I currently live in NC and will be moving to Atlanta in a few months to set myself up for school next fall. One of the things that I want to take care of are some of the things that are on my credit report. What I would like to do idealy is have all of my debt combined and pay a monthly payment to have everything payed off within a year. So my question is… Is there a company/organization that I can call that will combine my debt (>$3k) and will give me a monthly payment to have everything payed off within a year?
Debt consolidation completely fucks your credit as I’ve been told. >3K is easy to pay off
Read my credit repair thread.
Try a loan from a credit union if you can. Secure it with a car you own.
I see no reason for you to combine. are you really saying the math is too hard to just pay several people each month?
If you’re paying crappy interest then you can always just open a 0% credit card and paypal the bill using it for 3% one time charge. then you have a year interest free to pay.
FYI - collection agencies/creditors HATE dealing with fggt consolidation agencies, because all they do is call up and ask for settlements. 9/10, said creditor will offer a MUCH HIGHER settlement offer, because they fucking hate those companies, and know that they don’t do shit for the debtor. Call your creditors, ask for settlement amounts on all your accounts, and deal with it that way. All the consolidator does for you is make that same phone call, then add howeveer much they want to make on top of the offer they get, then tell you thats the settlement amount you’re making payments towards.
If you don’t plan to settle any accounts, see if you can get one low interest loan to pay them all off, then pay off said loan. First things first though, knock out those high interest accounts because they will eat your dreams of being debt-free alive.
Sorry if this seems confusing, if you really need a hand PM me and i’ll see what i can do for ya.
I wouldnt do debt consolidation unless it was thru a loan. No need to pay some other company to help u get out of debt. If you cant get a good loan, take your highest balance/highest interest rate card/balance and pay the most you can on it each month while paying the min on the other balances. Once that is done, do the same on the next balance. thats all I did til I was out. Start working OT, stop eating out, make a budget and stick to it etc…
Just handle it yourself. No reason / advantage to consolodate, it will cost you more in the long run.
x2, get a loan from a bank/credit union or a credit card with a 5000 limit at 0% for a year.
I got a discover card with a 5k limit and 0% on balance transfers for a while. Check it out.
I was in the same situation. Had some new apartment/medial/school expenses on 3 credit cards. I found a credit union will give you a secured loan. If you own anything of value (car/house/etc) you can get a better interest rate than any credit card.
If you are good with money and making payments, you can also get a 0% credit card for 12 months and transfer the balances to it. Check the fine terms because some only allow you to transfer 1 balance and charge a fee but if you are good at paying more than the minimum, you should be able to pay it off pretty quick depending on the balance and what oyu can afford.
Do NOT go to credit consuling or debt relief. They only take people typically who are in debt over $10,000 and they go on your credit.
sell cracks
profit
:ohyeah: