Which of These Debt Consolidation Offers Should I Go With?

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

Is Simple Path Financial a Legit Company or a Scam?

Question: Dear Steve, I’m in a total of $33,000 in debt with credit cards and one loan. I spoke with a person at Simple Path financial. I asked if I could have the contract emailed to review it but the person said that it would be reviewed over the phone with me. I would sign … Read more

Which Company Should I Use for a Low Rate Debt Consolidation Loan?

Question: Dear Steve, I have a credit card debt of $11,000 and I would like to get a loan to pay off my debt and make one lower payment for the loan Which company or lender should I use for that loan that offers low rate interest? Carmen Answer: Dear Carmen, That is kind of … Read more

Where Can We Get a Shared-Equity Mortgage to Pay Off Our Debt?

Question: Dear Steve, We have a house worth 610,000-620,000. First mortgage owed 279,000/4% fixed. 2nd 120,000 4.75% interest only. We have accumulated 125,000 in debt beyond that in student loans, husband playing Mr. Mom and taking care of his parents. We have no late payments but would like to get back on our feet. My … Read more

I’m a Trucker and Need a Loan to Get My Kenworth Back on the Road

Question: Dear Steve, Owner/Operator worked in Montana/ North Dakota in the oil fields. When everything got shut down last year it took all I could do to move back home to Nebraska. Had to park my truck and worked on a farm for my cousin and hauled mail to Omaha, Lincoln and Denver part time … Read more

Can I Get a Loan for Medical and Household Expenses I Can’t Afford?

Question: Dear Steve, It all started when I had to have my roof repaired and also needed a new air conditioner for my house. I am semi-retired and have a 1600. monthly social security fixed income. I kept receiving 0% offers, and just went to the bank to deposit them. I really don’t know where … Read more

Who Will Give Us a Loan to Payoff $100K of Credit Card Debt?

Question: Dear Steve, We make a sizable income ($350,000) and we have just paid off most of our vehicles (only one left); problem is cc debt–the peer to peer sounds great, but $35,000 is not going to cut it–need more like $100,000 to truly pay down the debt. Contrary to how it sounds, we are … Read more

Will You Really Help to Fund My Debt Consolidation Loan?

Question: Dear Steve, I have $40,000 in credit card debt (accruing interest) and about $10,000 currently on 0% promotions. Tried to consolidate via credit union or with Wells Fargo a several times over the years. They all declined for the same reason: too many high balances on revolving debt. Well duh, that is the point … Read more

This is One Way to Get FFEL Spousal Consolidation Loans Forgiven

“Dear Steve, I have been a government employee and/or public servant since 1991. I am now 45 and I hope to retire by age 72. In or around 2002, I consolidated my law school student loans with my then husband into both a FFEL subsidized and unsubsidized loan. The total amount consolidated was roughly $42,000. … Read more

Who is a Good Debt Consolidation Company to Work With? – Rondell

“Dear Steve, Im 49 years old, gross about $60,000 a year, im about $27,000 in debt want and need to get this debt off my back , tried doing it myself, writing creditors, obtaining credit reports, etc, some of my debt is so old its been sold off to other companies over and over. I’m … Read more

I’d Love to Find a 10 Year Loan to Consolidate My Credit Cards. – Lori

“Dear Steve, $27k in revolving debt and another $20k already set up in low rate repayment schedule loans of debt. I just want to know if any banks offer consolidation loans for a 7 year term where they take our cards, issue payoff checks and cut our cards, anymore? I so want to pay off … Read more

I Was Turned Down by Lending Club and Prosper for a Debt Consolidation Loan. – Brian

“Dear Steve, I applied at LendingClub.com and at Prosper.com for a loan to consolidate my debt. I was declined at both. I have been trying to find a solution to consolidate my debt and eventually eliminate it. No places simply want to provide a loan. My credit score is good (690 ish). What other steps … Read more

I Was Approved for a Debt Consolidation Loan. What Now? – Ricardo

“Dear Steve, Thank you so much for a great site of information! I just contacted LendingClub.com and was approved for a little under $30k. I was looking for the full amount of $35k, but no need to get greedy, right? LoL very thankful for what was offered. My question involves what exactly to pay off. … Read more