funny name asked:


I made some stupid and immature decisions and now im $2300 in debt and im only 20 years old. I looked up my credit score and the estimate was 520 based on the info i gave the site. The 2300 is made up of 1 credit card, 1 American eagle store card, and a check that got returned and sent to collections and my t-mobile cell phone account. Am i completely screwed? or is there a way to bounce back from this? I am a college student and i dont make too much money? Can i consolidate that amount? It is already effecting me…I cant even get a cell phone put under my name. I plan to get a house when i graduate rather than i apartment and i want to get in the 700s credit score in 3 years. Is that possible? Thanks for all your help guys

Bad Credit Debt Consolidation Loan

Natalie007 asked:


I am so frustrated with my student loans. I borrowed $4500 in 1992 to go to school. They went into default many years ago. I have made payments off and on for long periods of time. It never seemed to make a dent into any of the loan. My monthly payments covered interest and late payments. This has been going on forever and im tired of it. My current debt is $9500. double what I borrowed. This year $4000 from taxes went to them- as it does every year. That dosen’t make a dent into the money either. Does anyone have a solution to stop this madness. If I had an extra $9000 Id just pay it in full. But I do NOT. Can anyone HELP….
FRUSTRATED. Plus it makes my credit score horrific….

THANKS-

Private Student Loan Consolidation

name asked:


My girlfriend has bout $70,000 of student and other debt if we get married willl that lower my credit score or have any effect to me?

Credit Card Consolidation Services

Unknown asked:


Despite having a decent FICO score, I have a lot of student loans and credit card debt. Will this hinder my chances of becoming a cop or a Federal Agent? I have NEVER paid anything late and my credit score is in the mid 6′s. Will having this kind of debt rule me out?

Credit Card Debt Consolidation Loans

Heather J asked:


I can no longer pay the full balance of my monthly private student loan payments. My lender has denied a deferment, forbearance, and a consolidation. I was told by a friend of mine who works for a mortgage company that as long as I continue to make an effort to pay them- even if it is below the monthly minimum this will not effect my credit score. Is this true?

Please only respond if you know the actually answer with a source please.

Consolidate Credit Card

JOHN asked:


I have CC and car payment liabilities totaling nearly 30 grand. I would like to consolidate this debt into a low interest loan. I am a community college student with a 4.0 GPA and plan to obtain at least a bachelor’s degree. My credit score is likely too low but I can possibly obtain a co-signer. Are there such loans that don’t need to paid until after graduation? Who has the best interest rate??
so much for hoping for expert advice – these first four answers **** and show either an agenda in the answerer or just plain stupidity. Don’t bother answering my question unless you know something about the subject and can direct me where to go to make it happen. thanks.
nobody knows what they are talking about, it’s all cut and paste b.s. or somebody trying to get more points on this site.
ultimately, the interest rate will be as good as the credit score of my co-signer is, and the “student” part of my loan appears to be a non-factor, as the money isn’t for fees, books or living costs.

Consolidation Debt

troyman2000us asked:


My direct student loan is now through the government, and I feel like I am absolutely getting nowhere with them. I have had my loan through them since 2004 and my balance has went from 35000 to 32000. I really need some suggestions of what companies to go through to possibly refinance. My credit score is in the middle area. Thanks for your help.

Consumer Credit Debt Consolidation

migueljuan asked:


I currently owe $45,000 in student loans and I am having a hard time paying them off. The loans are private (sallie mae) and I am not elligible for consolidating them via federal loans since I am not a US citizen. I was not able to get a visa so I had to leave the US. I live in Europe now.

I understand that declaring bankruptcy would not cancel out the student loans, but I have read that bankruptcy could cancel out credit card debt. I have a good credit score (790), so given some time, with an even higher credit score, I may be able to transfer my loans to a few credit cards.

What are the laws regarding credit card debt and bankruptcy? What difference does it make that I am not a US citizen and do not live in the US?

Credit Card Debt Elimination

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

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