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Questions about consolidating personal line of credit

Date: Thu, 03/22/2007 - 10:14

Submitted by anonymous
on Thu, 03/22/2007 - 10:14

Posts: 202330 Credits: [Donate]

Total Replies: 1


Wonder what the best approah is to consolidating a personaly line of credit with credit card debt, all of which carry high interest.


Maybe you can make the first move of calling each of the creditors and put your proposals. Negotiate on your payment plans with an interest rate that you can afford. Most creditors are willing to work because they want to get back their money. It's just that you were not the right customer for them to earn in interests. If you don't see any results, seek some professional help. Debt counselors are trained to do such negotiations and arrange a lower repayment plan with the credit card companies.

See the steps you want to take when calling the credit card companies.


lrhall41

Submitted by trophy on Thu, 03/22/2007 - 14:45

( Posts: 162 | Credits: )