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Advice on personal loans debt

Date: Mon, 03/30/2009 - 11:59

Submitted by anonymous
on Mon, 03/30/2009 - 11:59

Posts: 202330 Credits: [Donate]

Total Replies: 4


We have 2 personal loans and a car loan with Capital One.  We have had a drastic decrease in income and will now not be able to make the loan payments.  We don't know what to do.  Any advice would be greatly appreciated.  Thanks.


I would make the car payment.?? You could ask them if you can defer a payment on the car.?? You have more room to work with since you're not behind.?? As far as the personal loans.?? I would call them and explain your situation.?? They could probably extend your contract with them.?? Lower your payment.?? There's a million different things they could do.?? The key is, your thinking ahead and not waiting until you get behind.
??


lrhall41

Submitted by sassy_lil_brandy on Tue, 03/31/2009 - 08:46

( Posts: 479 | Credits: )