Hi, I am currently paying on 4 separate loans totaling around $60,000- I would very much like to consolidate this debt- I AM NOT a homeowner and I am currently collecting unemployment (NJ) but I am still managing to pay more than the minimum amount on each of these loans- I have good credit- in the mid to upper 700's
My goal is to maybe get a 10- 15+ year loan and pay around $500- $600 a month
Is this even possible??? AS I said I am collecting unemployment, just started a few months ago
I am NOT looking to reduce this debt through settlement- I plan on paying this all back - just want to consolidate it
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.