Vanessa asked:


There is only one bad thing in my credit report and that is one student loan that is in default. I took this student loan over 6 years ago. It has been hunting me every since I drop out of College. I have made efforts to pay it, but I have been unemployed for a year now. The last payment I made was a year ago and I just received a letter saying that it is still in default status. I called the collection agency and told them my situation. I am unemployed, currently staying at home with my kid while I take classes online to get my degree. I told her we do not have the money to pay the balance. She wasn’t very helpful. I even told her that I want to make the effort to make payments, but I need a job and I can’t find one at the moment. I told her I will start making payments as soon as I start working.
Anyway, I was wondering if it’s possible to make a debt consolidation with my loan and my husband’s student loan. His student loan is also in default.
Any good info will be appreciated.

Private School Loan Consolidation

Chris M asked:


I am 23 with a nine-month-old son, and I owe (on top of my student loans from college) approximately $30,000 in credit card debt. I am looking to do a debt management/consolidation program, but was wondering if I should just contact those credit card companies that say to call them if I have “financial difficulties” instead? Also, which debt consolidation programs would you refer, if any? Thank you!

Credit Card Consolidation Help

boisfeu asked:


I have built up about 12000 dollars of debt between the period of college graducation til I found my job about 1.5 years later. Right now since I have pretty stable income, I would like to deal with my debts asap. I am looking for a good debt consolidation/reduction service asap. I have been checking around, there are too many options online. Are they all legit? or There are certain ones would fit my need the best? Thank you. If you have the same experience as me, please share the info so I can go debt free asap!

Credit Card Debt Consolidation Loan

apple asked:


I’m only 20 (omg) and Im 11 thousand dollars n debt.. I’ve never had a credit card. I don’t have cell phones n my name, houses, cars, etc.. I really think most of the money came from school.. I current supposed 2 b a junior n college but I haven’t been to school n a yr ..can’t get back in2 school til I pay a $2000 back bill.. No1 is supporting me but my boyfriend and its only soo much he can do bc he is n college also… so lil what is a good debt consolidation program or company…??

Credit Card Debts

Joseph W asked:


I have an opportunity to become a pro scout for the a professional team, but i had to pay for school myself and it was not easy. I do not know a whole lot about debt re-consolidation or anything of the matter. My credit is ok, and the debt does not have to start being paid back until 6 months after i graduate, i have 8 grand in the bank, but i dont think its smart to blow it all on my debt since i dont really own anything!! any suggestions?? anyone been in a similar situation?

Credit Card Debt Elimination

bluedot asked:


Credit card debit, college loans and medical bills are at critical levels and am way over my head. Trying to make monthly payments, but that is not enough. Not eating out or wearing new clothes, just not making enough money. Considering turning to a debt consolidation service, but not sure about who would be safe and secure to go through. Thanks for any input.

Credit Card Debt Free

melaniemia7 asked:


I have about $7,000 in credit card debt that I’ve aquired during the past 4 years of college. Now I’m graduated, can’t find a decent job, and going back to grad school. I’m having trouble even paying the minimum, and was wondering if I consolidated my debt if this would hurt my credit score. Oh yeah and I owe $30,000 in student loans, but those have already been consolidated.

Free Debt Consolidation

MJ asked:


I am a college student. I graduate this July and I want to start paying off all my debt. I need to know what other options I have besides trying to settle with the collection companies because they ask to either pay it off or they require a big chuck of money then monthly payments and I cant quite do that just yet. Although I do want to pay it off as soon as possible. Would you recommend debt consolidation or do you know of any other options? Only nice answers please.

Non Profit Credit Card Consolidation

Captainpoopypants asked:


I currently have about $4,000 worth of credit card debt..not a huge amount, but a burden on the brain nonetheless. I make about $1,100 a month (yes..I’m in college) and was wondering what a fast way to get my cards paid down would be.

Do debt consolidation loans hurt your credit? Right now they don’t sound like a good idea.

Anybody have any strategies they use to get their cards paid down?

Student Loan Debt Consolidation

A Phi Football Fan asked:


I have racked up about $10,000 in credit card debt stemming from college and medical expenses. What is my best option as I am still a student and working with a very limited budget? Are there hidden catches to debt consolidation companies; if so what?
What is the best way to negotiate with creditors to lower the debt?

Credit Debt Consolidation