logo

Debtconsolidationcare.com - the USA consumer forum

Consolidation Loan

Date: Thu, 08/18/2005 - 10:35

Submitted by anonymous
on Thu, 08/18/2005 - 10:35

Posts: 202330 Credits: [Donate]

Total Replies: 2


I'm looking to get a loan of about 4k to consolidate all of my debt. This would clear my report of all collections. Where should i look for a loan?


Hi Jordan,

It seems that your main interest is to clear your credit report. You can go for a consolidation program as it helps to get out of debts without any damage in your credit report. Another loan of bigger amount could take you deep in debt.

You can check the benefits of debt consolidation here ???
http://www.debtconsolidationcare.com/benefits.html

Regards,
Bryan


lrhall41

Submitted by 4u.bryan on Thu, 08/18/2005 - 10:56

( Posts: 819 | Credits: )


My suggestion to you is not to opt for any kind of loan as you will have to pay interest on twin basis. Moreover, loans require some collateral to be pledged. So, if you default in any kind of payment, it will result in losing your property.

You can feel safer being in the consolidation program as it offers lower rate of interest and will offer easy repayment options. These programs do not require any collateral to be attached, so you have no risk in it.

After all your payments are complete, your credit report will be showing positive signs and this will help you in regaining your financial worthiness.


lrhall41

Submitted by ben on Thu, 08/18/2005 - 11:24

( Posts: 2034 | Credits: )