unsecured debt
Date: Thu, 02/24/2005 - 02:10
Hi
I am carrying credit card debts of $7200 and other unsecured debt $3400. At present I am paying 60% of my net monthly income towards repayment of my existing debt. I have my own house property in the city and I have two four wheelers. I want to consolidate my debt. Please suggest me, whether I should go for debt consolidation or enroll myself in debt consolidation loan program? Also suggest if I go for debt settlement program, will it have a negative impact on my credit scores?
I am carrying credit card debts of $7200 and other unsecured debt $3400. At present I am paying 60% of my net monthly income towards repayment of my existing debt. I have my own house property in the city and I have two four wheelers. I want to consolidate my debt. Please suggest me, whether I should go for debt consolidation or enroll myself in debt consolidation loan program? Also suggest if I go for debt settlement program, will it have a negative impact on my credit scores?
try this on for size
depending on what you have for interest rates, consolidation might not be right for you. and at the rate you seem to be paying back to your creditors you sound like you might be on track. also your 4 wheelers can be sold if your behind... sacrifice my friend check out my post called "I want more than I deserve in the forum.