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Are Debt Consolidation Loans the Best Solution for People with Bad Credit?

Date: Mon, 05/10/2010 - 09:58

Submitted by lindanei3
on Mon, 05/10/2010 - 09:58

Posts: Credits: [Donate]

Total Replies: 3


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is big business today! Debt Consolidation Companies are now falling over themselves to gain your custom. Years ago, it was unheard of for a bank to loan you money to pay off existing debts but fortunately attitudes have changed dramatically over the last couple of decades. Being in debt today is completely normal, the majority of people have some kind of debt, be it mortgage, credit card or loan.






Hi

It is quite normal to be in debt and there are different ways and means to get out of it as well,with the help of the different debt settlement and debt consolidation companies.These companies or debt relief or debt management programs also help in resolving a lot many problems that may rise as a result of borrowing!


lrhall41

Submitted by Rebecca Miller on Fri, 05/28/2010 - 15:01

( Posts: 131 | Credits: )


Hi
I have very bad credit because my ex husband got on drygs, took my credit cards and maxed them out. He got loans and I was left to pay them. I could not manage all the bills and now they are out of this world. they have been sold to different companies and now all those companies are on my credit file as a bad debt. I would like to be able to by my first home, at age 50. I don't know what to do? Please help!


lrhall41

Submitted by anonymous on Mon, 05/31/2010 - 16:54

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