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Where Can I Get an Unsecured Loan to Pay Down Debt? – Riss

Written by Steve Rhode

“Dear Steve,

Approx. $25K in credit card debt. Using 75% of available credit and making minimum payments. Tried the home equity route already and was denied. Have a credit score of about 706.

I would like to obtain an unsecured loan to pay down debt, but using 75% of my available credit is probably going to hurt me even if my credit score is 706, right? Do you think there’s even a chance of obtaining a loan? I’d rather not have another credit inquiry on my credit. I’ve had 3 in the past year or so.

Riss”

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Dear Riss,

I think my guide The Ultimate Debt Consolidation Loan Guide: Getting Approved, Acting Smart, and Being Wise will do the trick for you.

Please post your responses and follow-up messages to me on this in the comments section below.

Sincerly,
Steve

You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.

See also  Isn't Now the Time to Consider a Real Debt Consolidation Loan?



About the author

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.

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