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Posted: Sat Feb 16, 2008 12:38 am Subject: Information |
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My credit needs improvement, I would like to apply for a consolidation loan of $25,000. With this loan,I can own my 50000 appraised home, pay all my debts including bad debts and also do some roof repairs as well. What is the possibility or possibilities?
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texastechdad03

Joined: 16 Feb 2008
Posts: 1
Debtcc Points: 31
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Posted: Sat Feb 16, 2008 6:40 am Subject: |
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What is your credit score, do you have any idea. It is definately possible, but the question would be what will your intrest rate be on a loan like this?
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jos82003

Joined: 18 Jan 2008
Posts: 177
Debtcc Points: 3483
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Posted: Mon Feb 18, 2008 4:31 am Subject: |
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hi! as jos said, not only can be your interest rate very high, have you thought that how will you pay off your consolidation loan? please chalk out the options for the repayment plan before applying for the consolidation loan. otherwise you will pay up for one debt and land up with another.
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laurel188

Joined: 16 Jan 2008
Posts: 110
Debtcc Points: 2507
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Posted: Mon Feb 18, 2008 5:42 am Subject: |
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I would reccommend calling the nu,ber at the right of the screen for your free no obligation consultation. They will be able to guide you in the right direction for your specific needs.
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kashzan
Debt Samaritan


Joined: 11 Jul 2007
Posts: 5461
Debtcc Points: 38903
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