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 Posted: Wed Aug 08, 2007 9:43 am Subject: College, Car, Credit Cards Combined |
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Hello,
Can I combine my car loan, college loans and credit card debit into one low payment. I had a co-signer for these loans and would like to consolidate but don't have a co-signer for that... Is there anyway this is possible? Thanks in Advance.
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lindellestudios
Joined: 08 Aug 2007
Posts: 1
Debtcc Points: 43
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| Posted: Wed Aug 08, 2007 11:07 am Subject: |
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I think that college loans are tax deductible and I’m not sure I would want to lose out on that. If you have been making regular (on time) payments on these loans I’m sure your credit will be good enough to combine them and you will not need a co-signer. It does not cost anything to apply for one. 
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mommontoya
Joined: 21 Jun 2006
Posts: 484
Debtcc Points: 4278
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| Posted: Wed Aug 08, 2007 1:58 pm Subject: |
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Car loans are secured debts. Most DMP companies will not include it in their plan because it's attached with collateral. You can only consolidate your credit card debts and if possible, college loans in one suitable plan. The amount of money saved in this program can be put towards making larger payments on your car loan.
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Steg
Joined: 22 May 2006
Posts: 392
Debtcc Points: 5545
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