I have credit card debt that I want to consolidate. No one will give me a loan. I have allot of debt ($25,000 total with car) but I have no late payments. I am financially able to handle the consolidation payment. When the bank credit crunch happened, all my cards lowered my credit limits to just cover what my balance was at the time. Now my credit report shows that I have maxed out all my cards. I’m being screwed big time. I have no equity in the house because property values have dropped in this area of Ohio.
Who can I go to about getting a loan to consolidate this mess? My credit score is about 660.
The only legitimate place I know of to go is the peer-to-peer lending network at LendingClub.com. The good news is the loans are up to $25K and at a fixed rate and unsecured. That bad news is that the cutoff is a 660 credit score.