Archive for the ‘Credit’ Category

A good personal/debt consolidation loan for bad credit?

slamantha asked:


Due to some bad choices I made when I was younger, my credit is less than stellar. I’m looking for a loan for about $6000 to conslidate debts. I do have a credit-worthy co-signer, but I’m just wondering if there are certain institutions that are better than others for this type of situation.

Gordon
 

Which lender offers the best rate for a debt consolidation loan?

playgtar asked:


I’m looking somewhere in the 40k range.

Thomas
 

Can i use the money from an subsidized student loan to pay off some credit card debt?

venus asked:


I have $1300 in credit card debt and i’m still a student so i was wondering if i could use some money from my subsidized student loan to pay some of that debt.
I also was thinking of payment the rent for the place i’m staying but i don’t know if i can do that or not.
Any suggestions? And i’d like to know if there are other loans with low interest that would help me do that. Thank you.

Jay
 

Should I take out a student loan to pay off old credit card debt?

betty o asked:


I have $12,000 in credit card debt from 5 years ago. I am currently in school full time and simply cant pay anything on it. The collection agency wants me to get a student loan and settle at the origional debt of $6,000. He is sending me in writting now that the debt will show paid in full on my credit report. Is it wise for me to do this or would I be a fool?

Bernard
 

I need a loan to cover bills while in an internship, but I have credit card debt. Help?

ecschaef asked:


I’ve tried to get a loan, but they tell me I’m too high risk due to the credit card debt. The loan companies don’t seem to consider an internship experience as important as the schooling that goes behind it, yet it’s needed before a residency. Are there other places to look for money to get me through until August when I will start my residency program?

Ron