Debt consolidation loan information can be found here. A debt consolidation loan can be a smart way out of debt in the right situations.
Question: Dear Steve, I was looking to consolidate my debt and received an offer from Sabres Capital – when I called, they transferred me to a counselor at Strategic Debt. The offer sounded too good to be true – half the payment – no interest and fee included. Is this how debt consolidation works, and … Read more
Question: Dear Steve, Reviews of credit card debt consolidation companies are concerning. Where can I find recommendations of the best companies for this, please? Thank you! Terence Answer: Dear Terence, I answered a similar question earlier. You might want to look at this answer. But here is what makes such a simple question so difficult … Read more
Question: Dear Steve, What is the best loan consolidation company for $15k of credit card debt? Danielle Answer: Dear Danielle, Great question. Tough answer. It is a bit like asking what the best dessert is. It depends on many factors. People use the term “consolidation” in different ways. Sometimes people use it to talk about … Read more
Question: Dear Steve, I just took out a debt consolidation loan, and I have a total of 7000 in credit card debt, a car note with 3700 still owed, and 5200 owed to IRS in back taxes. I wanted to know how to spread the money around to increase my credit scores to buy a … Read more
Question: Dear Steve, I am trying to find a good debt consolidation loan. I’m trying to find a good loan to pay off two small personal loans and a few credit cards. Unfortunately, I use credit karma and the Experian app and get sent to high near payday loan rates. Any suggestions. Thanks. Ken Answer: … Read more
Question: Dear Steve, I have just started two jobs and may have another on the weekend. One full and the others are going to be paying me part-time. Right now without commissions (Sales), I make $53,000. this year. I need $2500. loan to help a friend who is having a personal emergency. I have known … Read more
Question: Dear Steve, At the advertised numbers, I would have consolidated. What happened to the advertised rate? Bill Answer: Dear Bill, I’m not sure exactly what advertised numbers you are speaking about, and normally a question so short would not make it to the site to be answered, but you bring up a great teachable … Read more
Question: Dear Steve, I have $4,000 of credit card debt and I’m almost ready to signup for a Simple Path Financial loan but want to know if they are for real. I don’t want to hurt my credit score. They said I don’t qualify for a loan and want me to enroll in their debt … Read more
Question: Dear Steve, Loan approved waiting for funding I need to log into the site to find out if my loan funded yet, where do I go to do that or can you send a link to my email. Bob Answer: Dear Bob, I’m concerned if you are contacting me and asking about the status … Read more
Question: Dear Steve, I was laid off for a year and tried to start a business. The same company hired me back this year and due to COVID the business was put in the back burner. I am an essential employee now. During that year due to not having a job and starting a business, … Read more
Question: Dear Steve, My question concerns debt consolidation. I contacted Titan Financial Group after receiving a letter from them. When I called they offered something called debt collateralization. On $19,027 consolidation I was offered a plan of 365 a month for 36 months on 3 credit cards. I met and signed paperwork Saturday April 4, … Read more
Question: Dear Steve, I have a question regarding Colony associates. They reach out to me with suspicious debt re-leaf plan with rate of 3.9 and pre-approved offer. I’m concerned if it scum/fraud company In they offer , i can’t find length of the credit , only general number that seems to be good to be … Read more
Question: Dear Steve, I have a good credit score and am paying $4k a month in credit card payments (paying over the required amount), with exceedingly high-interest rates. It makes sense to consolidate all cc debt with a lower interest rate. Right now, I feel like I’m throwing away money. I get mailers every day … Read more
Question: Dear Steve, I left a 13 yr 3 children domestic violence marriage in Jan of 2013, apprx 3yrs and 5mnths ago I started to work on my fixing my credit. That said, it started with a capital one credit card, since I have acquired a second capital one, next a FCU secured loan for … Read more
Question: Dear Steve, I need to try to consolidate my credit cards. I’ve gotten letters from several companies about debt consolidation, telling me I qualify for up to $35,000. It sounds great – it would really help. I tried researching online, didn’t find much real help or answers. Have you ever heard of these debt … Read more