Need some helpful information
Date: Fri, 07/30/2010 - 08:00
Yes, I need some helpful information on this debt I have. I took out a large business loan to purchase some equipment before the economy went to the crapper. Well, everything was going ok I purchased the equipment, and that is when everything drove of the cliff. The company was closed before I got the equipment and was liquid dated by the company that purchased it. This is after I did six months of research on supplies and still got screwed. I hired a lawyer and was pursuing a lawsuit, but had to pull out because it was getting too costly. Now I have a large loan and nothing to show for it. I also have a legal debt and some other debt. Everything is current but with this economy it is starting to eat away at my finances and I'm worried that it will start causing me problems soon. I’m just wondering if there is a way to consolidate this type of debt into one monthly payment or do you have any other suggestion for me to try to get back into control.
Do you qualify for a consolidation loan? If so, that might work
Do you qualify for a consolidation loan? If so, that might work for you, if you can get a decent interest rate. You could also try a consolidation company. You could also contact your creditors and try to negotiate a settlement with them. Lots of info on this site. Do some searching around.