Latest Posts
Home > Ask The Get Out of Debt Experts > I Had to Use My Credit Cards to Live and Pay Bills After My Divorce. – Christine

I Had to Use My Credit Cards to Live and Pay Bills After My Divorce. – Christine

“Dear Steve,

After getting divorced, I had to use my credit card to live and pay bills, taxes,etc. Then I got remarried and we remodeled our home and bought some new things to go into the home. We both have good jobs and great credit, but we have no savings at all. We are living paycheck to paycheck. We want to consolidate and pay one loan large amounts of money for about 5 years. The amount is $35,000.

How do I get a personal loan that is not a home equity line of credit to pay off all of my debt?

Christine”

Don’t miss our free Get Out of Debt – “How To” Guide Series on a number of topics, for loads of practical advice, tips, and help to beat back debt. – Click Here

The Answer

 

Dear Christine,

You don’t. Nobody is going to give you a loan to consolidate your debts when you are living paycheck-to-paycheck. And if you think that someone will you are just a scam victim waiting to happen.

The closest option you’ve got to making just one monthly payment is a debt management program. A debt management program is not a loan.

I would suggest that you click here to contact a debt management company and if they can’t get you a monthly payment low enough for you to manage then you are probably looking at bankruptcy.

Big Hug!

I Had to Use My Credit Cards to Live and Pay Bills After My Divorce.   Christine
Get Out of Debt Guy – Twitter, G+, Facebook

I Had to Use My Credit Cards to Live and Pay Bills After My Divorce. - Christine by

Share This and Spread the Word

About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.