Help
Date: Fri, 02/18/2011 - 07:34
I have roughly 40,000 in debt and no real collateral I have a good payment history. I just am trying to find a way to quickly free up some money to start paying off some debt?
If you had a car or a house with some equity in them, then you c
If you had a car or a house with some equity in them, then you could have refinanced them and used the cash out money to pay off your debts. However, as you've mentioned that you don't have any real collateral, you may have a word with your friends and relatives and check out if they can help you with some money to pay off your debts. If possible, you may even go for personal loans but such loans are available at a higher interest rate.
