Fly girl asked:


I am at the final stage of paying off credit card balances. Just one more month, yippee!!!! I’ve also already paid off my car loan 7 months before the maturation date. Anyway, I still have close to $50,000 in student loan debts- federal and private. But that’s it. I have never had any major credit problems. Will all this student loan debt have a negative impact on my credit score and rating?
I always make the payments on time every month.

Credit Card Debt Consolidation

Ferretti asked:


Hello I am 22 years old…unfortunately I did make some bad choices in the past and now I am paying the consequences.

I am in debt with student loans and I would like to know how will consolidating my loans, all in one will help me with my financial problems. I have like 15,000 to 20,000 in school loans. Although I am paying them ok, I would like to know what can I do…what options are there out for me to make the situation a little better. I am still going to school and would not want to take more loans, believe me, I will try not to take anymore.
IT also seems like I obviously don’t know how to divide and distribute my money properly…meaning, I don’t know how to plan my monthly budget…what can I do? any advice???

I will appreciate your answers….thank you!

p.s. Where can I get help with loan consolidation…or what company do I use…any recomendations on how to plan my monthly budget (maybe using a computer program or something)….thanks!!

Loan Credit Card Consolidation