consolidate
Date: Wed, 11/10/2010 - 09:15
if I consolidate my 2 credit cards along with my student loans & 4 other small signature loans will I lose my ability to use the credit card?
Credit cards are unsecured debts and cannot be clubbed with secu
Credit cards are unsecured debts and cannot be clubbed with secured loans like student loans.
Student loans are not secured debts. The guarantors and collecti
Student loans are not secured debts. The guarantors and collection agencies just will not work thru debt consoliation programs....they need to maintain communication with the borrower, not a third party.
If you considate your credit cards thru a debt management program, they will be closed and your credit rating will suffer.