Paul Heaslip
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Sub: #1 Debt Consolidation Loan
Replied on 07-26-2010, 06:26 AM
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how do I apply for an unsecured credit card consolidation loan for $50,000?




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Sub: #2
Replied on 08-05-2011, 07:35 PM
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You dont....no one is going to lend that type of money unsecured.

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Last edited by SOAPLADY; 08-05-2011 at 08:29 PM.
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Sub: #3
Replied on 08-10-2011, 02:42 AM
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Hey Paul,

You can contact the financial institutions and apply for such a loan.
But the interest rates charged on an unsecured credit card consolidation loan is high. Can you pledge a security against the consolidation loan? Financial institutions charge low interests on the secured consolidation loans.

The financial institutions will check your credit report before granting your loan application. If your score is too low, then your loan application can be rejected.




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Sub: #4
Replied on 08-10-2011, 05:11 AM
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Quote:
But the interest rates charged on an unsecured credit card consolidation loan is high. Can you pledge a security against the consolidation loan? Financial institutions charge low interests on the secured consolidation loans.
Banks are NOT lending out $50k unsecured...period. It is not happening. The OP ask about unsecured debt so it sounds like they do not have anything to secure the loan with.

__________________
The FDCPA....know it, love it!
http://www.debtconsolidationcare.com...ead113136.html
SOL for all states
http://www.debtconsolidationcare.com...imitation.html




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