pi_helix asked:


I thought about consolidating with a different lender…any recommendations? Sallie Mae is no longer offering consolidations. Thanks for your help!

Credit Card Debt Elimination

DannyS asked:


I am a college student that had poor money management skills early in college. I am in about $9,000 worth of debt from the past 3 years (much is late fees) and the collectors have been calling me. Are there any good steps to take to get me on the road back to debt free? I’ve heard about loan consolidation and stuff but I don’t know if thats just a scam.

Credit Repair Debt Consolidation

Baby J asked:


I applied for a debt consolidation loan last Friday the 6th. I have 3 credit cards totaling 1,500 dollars and I asked them to increase the amount by 700 so I could catch up on some utility bills. I don’t have good credit because I’m a college student with lots of loans so I put my car up for collateral. I work full time and make 25,000 dollars a year. The loan is a 24 month loan for 2,300 dollars. My car is worth 5,000, but they took the lowest value for 3,000. The loan agent told me she would call me back once she found out. She didn’t call me back so I called her on Saturday and she asked me when I was graduating and when would I be starting to make payments on my college loans I told her November 09” is when payments start. She said would call me back Monday, she didn’t call me back today after I called and left a message but she didn’t call me back. What is the deal does it seem like I got the loan or not? Does it take this long to get approved for a loan?

Credit Card Debt Management

emily asked:


My boyfriend and I are finally moving in together. I just recently graduated nursing school and took my licensing exam (waiting for the results still, but I studied my brains out). I quit my retail job a month ago I had here in New York to prepare for the exam. Now we are stuck in limbo waiting for an apartment. Against my better judgment we have subscribed to 4, yes 4 of those apartment searching sites- 60 bucks a piece and still no luck. I have average credit because of medical bills from a car accident that were disputed. And he has poor credit because he got a consolidation loan 6 months ago to solve his financial issues/ student loans. He is in California already working two jobs and waiting for me. I’m waiting on my license and a apartment. My question is, after all that — am I missing something? Is there a reason, two non-smoking, young, responsible adults with no criminal backround, no pets and two current sources of income cannot find an apartment in Southern California?

Loan Credit Card Consolidation

complicatedtallblonde asked:


I have 2 student loans with Sallie Mae that total $25,000 and an ACS loan that is about $20,000. Total I have about $45,000 dollars in PRIVATE student loans. I have about 10 thousand in federal but the Navy is going to pay them.

Currently I am paying $300 a month to Sallie Mae, and beginning next month $200 to ACS. I would like to consolidate these loans to get a smaller monthly payment. I already called Sallie Mae and they no longer consolidate student loans.

Who do you suggest I go through to get a consolidation? I’m almost 23 and have enlisted in the Navy so I will have good job security. I do not know my credit score but I have gotten a credit report and everything was in good standing, nothing ever late or defaulted. I MUST get a consolidation without a co-signer.

Any info would be appreciated. Thanks

Business Debt Consolidation

amy asked:


my husband and i have a combined debt of 65k with student loans and credit card debt combined. we both have credit scores in the 690′s so obviously we do not want to do anything to get it any lower. would debt consolidation hurt us in the long run. if so what are some better options?
most of our cards are at low interest rates, but the minimums are HIGH.

Credit Card Debts

kburgess1984 asked:


okay so i had about 6 credit cards, all went to collection agencies. i finally got around to paying them, got current with them (out of collection), and finally got the whole amount paid. i have 2 remaining. plus a student loan. should i consolidate or is that not a good idea? these creditors tell me not to. i am 21 years old and am trying my best to get these paid off with my budget plus rent and other bills each month. what are the good and bad sides of debt consolidation? i consolidated my 2 loans i had and they became one. what im considering consolidating is my 2 credit cards i have remaining. also my credit report still shows im delinquent on my other credit cards i paid off. some have been more than 60 days, some less. anything i can or should do about that? is my credit being ruined or helping it at all by the ones i did manage to pay off?

Consolidate School Loans

spadezgurl22 asked:


I have mounting debt mainly due to student loans (whihc I would liek to pay seperate) but everythign else from credit cards and phone bills etc is very hihg close to 15,000. I want to consolidate so ic an make monthly payments to all of them and try to save my credit. any good place u can recomment that will no charge me a high interest rate or take too much profits away?

Business Debt Consolidation

wigurlie asked:


Here’s the thing. I wouldn’t even think about this except: the economy ***** and we’re working short hours at work.
I owe approximately $65,000.00 in federal student loans (some subsidized and some unsubsidized) including Perkins, Parent PLUS, Federal PLUS, and Stafford.
My payments total over $900/month and I’d honestly like to reduce that down for some more cushion to get through the tough times. I’m nervous that if I lose more hours at work that I’ll have a hard time paying my loans each month. I realize I need a consolidation with no overpayment and no prepay off penalties (I’d prefer to pay off this loan ASAP so I don’t drag it to 30 years).
Suggestions? Also, should I go through the Dept of Ed for consolidation or look at some private institutes?

Private School Loan Consolidation

Mr. Nice Guy asked:


I have about 32,000.00 (USD) is student loans. That is the total but it comes from the sum of about 8 different small loans. I’ve heard a lot about consolidation but does anyone know if that is the best option or the only option? I definitely can’t afford to pay them all simultaneously because I’m only making 32,000.00 right now. Can i finance a low monthly payment over a long time and then pay as much off the principal as I can afford each month? I’m worried if I do that the loan company will see that I have extra money and raise the monthly payment.

Consolidation Credit Debt