Unsecured debt. Need to consolidate my debts

Welcome to the Community :D What type of debt is this--pay day loans, credit cards?

We don't do loans here, but do offer other options, such as debt consolidation, debt settlement, Do it Youself, etc.

If you have signed up for the free credit counseling--someone will contact you about different options you may have.

I am not sure about taking out a loan to pay off debts- once it worked for me, another time- I just got deeper in debt.

Feel free to ask questions, we are here to help!..Karen

thanks- I had to take $10,000 unsecured for dental work that was necessary (not cosmetic) and that did me in. I have the rest in credit card debt -
$6,000 as a result of trying to pay all the monthly
living expenses. I don't want to file BK because I
I want to be able to sell my home in 2 years and be
be able to get a mortgage for a new one. We are
on social security and both have chronic illnesses
so I can't see things getting better. I don't know w
what to do.

Try the free consult on this site and research your options. This site is very helpful. Good luck

The only reason you would want to get a loan to pay off debt is that if you were not ever going to use any of the credit cards until the loan had been paid back.

16k sounds like a lot but it really isn't. debt counseling might be a good option for you as most of the time they can negotiate to lower your interest rate and get late fee's stopped. If you choose to go this rout it is very important to do your research on any company you do decide to go with.

If not done properly, consolidating your credit card debt can actually do more damage to your credit score. To get your debt under control and maintain or improve your credit score, make sure you:

* Maintain your revolving debt at no more than 50 percent of your available credit. If you consolidate your credit card debt onto one card and promptly cancel all of the old accounts, you can hurt your credit score, as this makes it look like you habitually max out your available credit. Instead, keep enough credit lines open to balance the amount of your debt ???????? and then don????????t charge anything more.

* Keep two to four credit cards. Once you have consolidated your credit card debt, choose a couple cards to keep and cancel all the rest. Be sure to hang on to older cards, especially if you are in good standing with the creditor, as these establish your long-term credit history.

* Stop applying for new credit lines once you have consolidated your credit card debt. Don????????t succumb to the temptation to keep looking for an even better deal. Instead, choose one and stick with it. If you move your balance around too much, you will not only rack up more debt in balance transfer fees, but also damage your credit score with each additional application.

Learn these debt secrets and many more at debtsecret.net