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Debtconsolidationcare.com - the USA consumer forum

loan totally f...ed

Date: Thu, 06/26/2008 - 17:11

Submitted by anonymous
on Thu, 06/26/2008 - 17:11

Posts: 202330 Credits: [Donate]

Total Replies: 2


I was unable to secure work after school......then had some personal problems. I know that my loan is totally outstanding havent made a payment. Need to take care of it. Scared to death. Afraid to call them. Do not know what to do. Originally, i thought okay, i will get a loan and pay the whole thing off and then pay that off. But i have read that is not the way to go? This debt consolidation thing......what does this mean? I dont know what to do, where to go to ask for help that isnt a scam or affiliated with the collection agencies....help!


Loan consolidation loan is one which will help you to pay-off all your outstanding debts at one go. So, you only have to make payments for the consolidation loan only. Generally, interest rate associated with consolidation loan is much less than the other loans.

There is another program called debt consolidation program, where a counseling firm will help you to pay-off your debts by scaling down your monthly payments.


lrhall41

Submitted by phoenix on Thu, 06/26/2008 - 20:52

( Posts: 1445 | Credits: )