MG1182 asked:


I feel like my monthly payments are way too high for the amount I borrowed. Consolidation options only made the payment term longer. Is there anything else I can do?

Settlement Credit Card Debt

joliejulia06 asked:


Hello all,

So, I need some serious help and I am pooling ALL of my resources to see if anyone has any help for me.

I am currently trying (and have been, for the past month or so) to consolidate my student loans. I have about $35,000 in private loans outstanding, and my grace period will be up come mid-March. I have applied for 7 different consolidation loans, through 7 different companies- all have been denied because they say I need a cosigner, as my credit is not strong enough to get this loan on my own.

Assuming a co-signer is NOT an option (which, as of now, it is NOT an option), does anyone know of anywhere I can turn? Any companies that do not base their decision SOLELY on credit? Companies that examine your situation, your income?

I am about ready to move out of the US and totally bounce on these loans guys (kidding… half kidding, anyway). If I don’t consolidate, I can’t repay, and if I don’t repay, I ruin my credit even further! If anyone has ANY resources- names,

Consolidate Credit Cards

cwtt asked:


I have 5+ yrs of credit card debt and also had a repo about 2 1/2 yrs ago. I am able to begin getting my bills paid. Will credit consolidaton help or should I contact my creditors and set up payment arrangements. I have a least 5 credit cards, hospital bills, and a student loan. What is my best option?

Consolidate Credit Card

nik named mom asked:


I am paying almost HALF of my income out in student debt. No one can afford to do that. This is a new demand for payment. New debt. Do I have any options? My total bill is less than $5,000: so I haven’t found a consolidation loan. I can give them 25% of my total income, but not 47%!
Please read below and advise…
I attended University of Phoenix, was assured that I would not incurr additional expenses outside of loan. Now I have original loan, citibank loan, and U of P is after me for additional money. The original loan company was applied to for U of P loan, they said they covered it, balance reflects change, but citibank is coming at me saying they paid! Citibank refuses to provide proof that I borrowed the money, but are attempting to attach to my credit. U of P will not accept lower payments, without attaching my credit. Original loan is the only one with a sane payment, and I am out of deferments, unless I go back to school and add MORE debt.
This huge amount of payment is obviously temporary, the problem is that they all want to be paid right now.
Another thing… Can Citibank attach my credit without providing me proof of debt? How do I protect myself from this?

Personal Debt Consolidation

justwonderin’ asked:


I’m in Ontario, and our bills are pretty high (newly married) and my $8,000 student loan is in collection along with a bunch of other stuff…if we could only consolidate it all we’d be able to make one payment on all of it and get it paid down. We have no co-signer and DO NOT want to claim bankruptcy…how can we do this, our credit is bad so I can’t see how we could apply for a loan without a house? Any ideas? I want to pay my creditors, just need the payments put together somehow to be managable…we will never be able to get our credit rating back at the rate we are going….

Consumer Credit Debt Consolidation