finance debt loans – consolidate

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

Posted in Credit on 12/14/2010 08:57 pm by

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

Tags: Credit Card Debt, Credit Debt, Credit Report, Fool, Full Time, Student Loan, Writting
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How can i combine my credit card debt and my cost of tuition into one loan?

Posted in Ym on 11/25/2010 11:22 am by

MahDick asked:

In august i will be going away to school. the cost of tuition is around 17,000 a year. at the same time i have about 4,000 dollars in credit card debt. is there any way i can payoff my credit card debt by adding it to my student loans? and how do i go about getting a student loan?

Antonio