Debt consolidation

Date: Mon, 09/22/2008 - 15:58

Submitted by anonymous
on Mon, 09/22/2008 - 15:58

Posts: 202330 Credits: [Donate]

Total Replies: 1

Horrible credit, maxed credit, no collateral $15,000 debt consolidation loan puts me way into the positive. Would I qualify with these credentials?

Whether you are qualifying for a debt consolidation loan will de

Whether you are qualifying for a debt consolidation loan will depend on the individual finance company or banker from which you are taking the loan. They generally check the following aspects to gauge whether you qualify for their loan: -
??????? They will go through your monthly budget to assess whether you can repay their loan.
??????? They will check on your income potential and other source of income. For this they will need your recent pay stubs as well as tax return for the last year.
??????? You may require a cosigner or collateral such as car or house, which you don????????t have.

You can go through the following thread for better understanding: -
Steps to know while applying for a debt consolidation loan

lrhall41

Submitted by phoenix on Mon, 09/22/2008 - 23:45

( Posts: 1445 | Credits: )