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Posted: Fri Nov 25, 2005 10:29 am Subject: Need a consolidation loan for the unsecured debt |
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Our family is in desperate need of a consolidation loan for about $40,000 due to the unsecured debt. Sadly, we do not have any property also. Do we have any options to come out of this situation?
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Smith
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Debtcc Points: 100
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Posted: Fri Nov 25, 2005 11:11 am Subject: |
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I am sorry that you might have to go through tough times in getting the $40,000 loan without adequate collateral. The creditors won't take a single step further before you are guarantying your payment by putting something as collateral.
Consolidation program is the best alternative to this situation. This plan works similar to your requirements and you will have to make only one payment to your creditors each month. The counselors will negotiate with your creditors on your accounts and will make payments to your accounts each month. You will be given statements on how the money was disbursed each month.
The consolidation program will offer you the following benefits while you are enrolled in it. .
http://www.debtconsolidationcare.com/benefits.html
You must take a free counseling and have a discussion with the expert. They will guide you towards the right direction in achieving a debt free life.
Regards
Roxette
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roxette
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Joined: 18 Mar 2005
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Posted: Fri Nov 25, 2005 5:45 pm Subject: |
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The consolidation program is your best bet.If you
are in heavy debt,you will find it very hard,if not impossible to find anyone, who is legit to lend you that much money.In a consolidation program,they will work to lower the interest and maybe even get some of what you owe reduced,a new loan will only create new interest with high payments.You will save more money in the long term,if you go with consolidation.Get the free consultation and go from there.Good Luck,I hope everything works out for you.
_________________ "No amount of time can erase the memory of a good cat, and no amount of masking tape can ever totally remove his fur from your couch." Leo Dworken
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twokidtwocat

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