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My story

Date: Mon, 04/02/2007 - 09:55

Submitted by anonymous
on Mon, 04/02/2007 - 09:55

Posts: 202330 Credits: [Donate]

Total Replies: 1


Well lets see i am currently overwhelmed with debit. I keep trying to get loans to help me pay this stuff off but i had no luck getting a loan. so I am looking to get rid of these accounts and pay them off.
So thats my story, can you help

Thanks
Noel Silva


Hi Noel, my suggestion is not to take new loans for paying the existing debts. First of all, a legitimate company will not offer the loan because of your not so good credit. There are many scam companies who are always ready to offer loans to people with bad credit. You agree to pay their fees and they will run away before depositing money into your account.

Your credit scores will make its effect on the interest rates if any company agrees to loan you. Needless to say, you will be paying more when you are desperately looking to save money.

Try a consolidation program and combine all your debts under one repayment plan. You pay to the consolidation company and they will distribute it to all your creditors in the plan. Your debts will be paid off without any problems and as long as you stick to the plan set with your consolidation company.


lrhall41

Submitted by orake on Mon, 04/02/2007 - 11:06

( Posts: 482 | Credits: )