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Posted: Tue Apr 03, 2007 10:29 am Subject: Debts |
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I owe 12,500 on 3 cards at an average of 30% interest. Because I made late payments. Never 30 days. Also owe about 8k on a bad truck loan of 13.5%. Monthly payments of 800-900.... Can you help?
Justin
Personal info removed Cajunbulldog
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justin

Joined: 03 Apr 2007
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cajunbulldog
Moderator

Joined: 20 Dec 2006
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Posted: Tue Apr 03, 2007 4:48 pm Subject: |
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A dmp company will combine all your unsecured debts under one plan affordable to you. You will have a lower interest rate in repaying the debts. Not sure if they will include your truck payment in the plan. But, you will save some money in the consolidation and afford larger payments towards the truck loan.
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mcranberra

Joined: 14 Aug 2006
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