OurCommunityPower.org > Debt Forum | Mortgage Forum | Credit Forum | Insurance Forum
login Login | signup Sign up  | Contact us | Privacy | Espanol
 
    Our Community     My Debts     Ranking Chart     About Us    
 
   
Internet's first get-out-of-debt community - 112787 members

I have a question

(Library)   Bookmark this topic
Author Message
Add to del.icio.us
Add to YahooMyWeb
Add to Simpy
Add to Blinklist
johnita




Joined: 28 Apr 2008
Posts: 23

318 Debtcc Points


PostPosted: Thu May 08, 2008 4:06 pm 

I have a question about debt consolidation. I know that all your credit cards are included in it but can vehicle payments also be included? Has anyone ever had a vehicle payment included with the credit cards so they had 1 payment monthly to make?


Thanks in advance for all the help,
Johnita

 
finsfan13
Moderator
finsfan13
Moderator


Joined: 17 Feb 2006
Posts: 6796

59179 Debtcc Points


PostPosted: Thu May 08, 2008 4:28 pm 

Welcome to the site!

There are a lot of different consolidation plans. With many of them you are allowed to include things like car payments and mortgages. Just remember one thing..Always check out anyone you plan to use with the Better Business Bureau!

_________________
"It's a treat, being a long-distance runner...."
Allan Sillitoe, The Loneliness Of A Long-Distance Runner
 
mobile0311

mobile0311


Joined: 05 May 2008
Posts: 40

388 Debtcc Points


PostPosted: Thu May 08, 2008 4:38 pm 

You can not put a car in a credit counseling or debt settlement program. The only type of consolidation you could do to include the car is a consolidation loan. But you usually are going to have to put up some kind of collateral like your home or some land. ( sorry for posting this again, i forgot to log in under my account name. ) my bad
 
DebtCruncher
Moderator
DebtCruncher
Moderator


Joined: 07 Nov 2006
Posts: 1211

14999 Debtcc Points


PostPosted: Thu May 08, 2008 5:50 pm 

Most car finance companies will not work with your debt settlement/consolidation company. But you can try ... it would ultimately be up to your car finance company whether they agree to your proposal or not.

However, because they have the title to your vehicle, they really do have more "say-so" in the matter than your other unsecured creditors. After all, if they don't agree to your plan and then you don't make the regular payments, they can repossess your vehicle.

 
Quick Reply
Your Name
Subject
Message body

Emoticons
Very Happy Smile Sad Surprised
Shocked Confused Cool Laughing
Mad Razz Embarassed Crying or Very sad
Evil or Very Mad Twisted Evil Rolling Eyes Wink
Exclamation Question Idea Arrow
View more Emoticons
Close all open bbCode tags
Bold text: [b]text[/b]  (alt+b) Italic text: [i]text[/i]  (alt+i) Underline text: [u]text[/u]  (alt+u) Left text: [left]text to be aligned to the left[/left] Center text: [center]text to be centered[/center] Right text: [right]text to be aligned to the right[/right] Justify text: [justify]text to be justified[/justify] Ordered list: [list=]text[/list]  (alt+o) List: [list]text[/list] (alt+l) Wrap text around image: [img=left]http://image_url[/img] Insert image: [img]http://image_url[/img]  (alt+p) Wrap text around image: [img=right]http://image_url[/img] Insert URL: [url]http://url[/url] or [url=http://url]URL text[/url]  (alt+w) Code display: [code]code[/code]  (alt+c) Quote text: [quote]text[/quote]  (alt+q)
Options
HTML is ON
BBCode is ON
Smilies are ON
Disable HTML in this post
Disable BBCode in this post
Disable Smilies in this post
Attach signature (signatures can be changed in profile)
All times are GMT - 7 Hours
Page 1 of 1

 
Winner who gave the best answer
What are the alternatives to payday loan?

DebtCC hall of fame members
Need help with debt
DebtCC Toll Free Number
100% privacy Secure Form
*Name:
*Email:
*Zip:
*Phone:
Debt:
What happens after signup?
hackersafe  verisign
Moderators welcome
Earn Dollars
Eight simple ways to earn $100-$900 a month with debtcc community.
Our Services
   Free consultation
   Debt Samaritan Club
   Complain Center
   Free Phone Calls
   Group events
Press coverage
DebtCC Press coverage
Chat with Debt consultant

Online Chatters List
   

About Us  |  Testimonials  |  Feedback  |  Site Map  |  Affiliate Program  |  Webmaster tools
We follow the Creative Commons Attribution License for all works we publish.
This work is licensed under cc by 2.0