Too much debt to break free HELP!
Date: Sun, 11/05/2006 - 16:25
I've been to many sites with advice with no help, this site by the way seems like the place I need to be. I did find one site with some useful links for debt consolidation Link deleted as per forum rules - Mike
which I would recommend.
I've seen many adverts on the TV claiming that they can reduce upto 75% of what you owe, can any one tell me more about this scheme.
Thanks in advance
Hi and welcome to the boards, many are here to offer you support
Hi and welcome to the boards, many are here to offer you support and free advice. The way you posted your dollar/pound amount it sounds like you are from the UK, si that correct? If so the UK may have their own laws pertaining to debt consolidation. I researched it a bit and found out that debt consolidation may be different than here in the US because one place I read stated that it is taking out another loan to pay off old debts, if this is correct then if they check credit then that is a possibility why they won't consolidate your debt with such a short work history.
if you would please post more information about what kind of debt you have and if you are in the UK. Good luck and keep posting
Hi, thanks for the reply. The ??30000 debt is from having a c
Hi, thanks for the reply. The ??30000 debt is from having a car and various loansin the past. As you said most companies probably refused me due to bad credit. Any suggestions on how to improve credit in a short period?