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 am looking for help to consolidate my debt. I have looked for a company that could help, but because my credit score is now low, I don’t qualify. Do you know of a legit company that could possibly help me? Annie Answer: Dear Annie, Typically no reasonable lender would be interested … Read more
Question: Dear Steve, I just purchased a house for cash which took up all of my financial resources. My goal is to get entirely debt-free. I still have a mortgage on my other home, which I am fixing up so that I can put it on the market very soon. Sadly during all of this, … Read more
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