lightningboltjs asked:


I’ve nearly paid off my student loans, I’ve only got a few thousand dollars left and I could pay it all off by around June or so. I’ve paid WAY ahead, which some sources say has actually hurt my score by as much as 15 points. I know that the type of dept you have affects your credit score and student loan debt as a higher percentage of your overall debt is better than having 100 percent credit card debt even though I pay off the entire balance of my card every month. I was thinking if I kept $1,000 of student loan debt that might be favorable to zero, giving me some points for an older account and mitigating the size of whatever is on my credit card when they rate me, but I don’t know. Am I better off with zero or some? I have no idea.

Bad Consolidate Credit Debt

bkinning12 asked:


are due and we cant afford to pay them. What can we do?

Unsecured Debt Consolidation

Brian The Librarian asked:


What is the easiest and fastest way to pay off my credit card bills and student loan debt?

Credit Debt Consolidation Loan

capiror asked:


I will be graduating soon with about 20k in student loans. I also have about 10k in credit card debt. Is there any way to lump it all together?

Pay Credit Card Debt

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

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

Ubiquitous asked:


I’m paying off a lot of credit card debt and currently have my student loans in a deferral status. But the big monthly payments will start up again at the end of this year.

Aside from trying to “drop off the radar screen” or looking for a much better-paying job that would quickly burn me out, I’m curious if anybody has any leads on this matter.

Thanks!

PS: Don’t recommend declaring bankruptcy because student loan debt is exempt from that.

Credit Card Debt Consolidation

Princess asked:


I have some credit card debt from college (around 8000) I have not been late on a payment in over a year, however I was looking into care one credit to consolidate these. I have already attempted to call the companies and request lower interest rates since they are sky high (one went from 22.9 to 20.9 whoo hoo). My credit score is 632 . Can anyone tell me if this would be a good thing to do at this time. I really want to pay these off. Any suggestions would be helpful.

Federal Student Loan Consolidation