Localfund.com - All about Fund and Investment
*Home>>>Debt Financing

Paying off my debt?


My grandmother took out a property loan to pay off my student loan that had high interest rates. The loan was for 15,000.00, I also owe 8,000.00 on my car and now I owe 7400.00 for a 4-wheeler I financed for my boyfriend. Is there a way that I can consolidate my debt without it damaging my credit? One monthly payment would be better for me than the 3 and I was hoping I could maybe get it to where I didn't have to pay out so much a month...PLease help!!!

Don't sign anything else for anybody! Don't get into money deals with family! Your boyfriend is not going to pay for this ATV! He maybe paying for it now but get ready you are about to be burned! You will pay some stupid tax! If you conslidate you are going to damage your credit. You need to find out when The Dave Ramsey Show comes on in you area and listen to it! www.daveramsey.com. You need some competent help!

you're in trouble there nothing to help

you need to talk to the bank you borrowed from. if its more than one bank, shop around for a consolidated loan for your debt. as long as you have good credit, they should be able to help you. good luck to you. p.s. don't ever pick up anyone's debt...4-wheeler or otherwise...

Practically any type of loan can be wrapped into the debt consolidation process. Common types include finance charges, late fees and overdraft charges, credit cards, personal loans, utility bills, medical bills, car loans, store cards, gas cards and back taxes. A debt consolidation loan<!--allows you to condense your monthly payments into a single, simple bill, while lowering your interest rates and helping you pay down your debts more quickly and easily. It is also an essential tool in avoiding the much more serious step of declaring bankruptcy.

http://badcredits.awardspace.com/Loan-Co...

Unlike bankruptcy, in which debts are cancelled and your credit rating collapses completely, debt consolidation loans are essentially a type of refinancing, where several-->old loans are replaced with a new one that has more favorable terms. Your loan consultant will negotiate with creditors on your behalf, so you鈥檒l no longer have to deal with harassing phone calls and daily mail.

Tags
  Easy Money   Easy Investing   Earn Money   Direct Investment   Debt Financing   Capital Investment   Business Investment   Business financing
Related information
  • On Yahoo finance how do you calculate the companies earnings and their debt?

    You don't have to calculate it. It is in the Income Statement (Net Income) and Balance Sheet (Liabilities).

    ...
  • Debt relief programs?

    I am currently enrolled with Credit Guard of America. I disagree entirely with the previous answer. I did not agree to pay the outrageous fees and rate hikes that the creditors ended up charging ...

  • Help again...another question about debt and OLD judgement. What should I do?

    Check your states law regarding the Statute of Limitations at this link ...

  • What should we do with our house? Sell and pay off debt? or rent and build money/equity?

    I did hold onto my Residence and Rented it out through my Military Moves -- and it did provide me with the Benefit of having a house just about ready to be paid off totally when I Retired from the ...

  • Is this a good response to a collection agency for a debt from repo?

    If part of the repo may not have been legal why are you offering to pay? Do some research if they really did something illegal maybe they should pay you.

    ...
  • Financing a car with or without a mortgage?

    Wait till a day or two AFTER you close on the house. It will take a month for the house purchase to show on your credit reports. The dealership won't know about it so it won't hurt your c...

  • Need some advice on an old debt?

    definitely get some advice from the Citizens Advice Bureau, they have been so helpful with my partners debt and really sorted it all out for him and taken away all the worry - no nasty phone calls ...

  • Credit card debt help?

    You are actually asking the most important question of our time; consumer debt in the US now stands at a whopping $2.5 trillion. Here's the optimal solution. (1) Create a monthly budget, s...

  •  

    Categories--Copyright/IP Policy--Contact Webmaster