Get private loan to settle debts?
Date: Thu, 06/18/2009 - 12:59
Has anybody out there had any luck putting an ad in the paper to get a small loan for about $15,000 - $20,000 to be able to make settlements with credit card companies?
I don't like the idea of taking out more debt to pay off debt, but it seems like it may be a better option if I can turn say $40,000 of debt into $20,000.
I don't like the idea of taking out more debt to pay off debt, but it seems like it may be a better option if I can turn say $40,000 of debt into $20,000.
I think that you can directly negotiate with your creditors and
I think that you can directly negotiate with your creditors and settle your debts. Most creditors allow you to pay the settlement amount through a payment plan within a period of 2 years. If you cannot negotiate with your creditors directly, you can register with a good debt settlement company, and pay it off within a period of 2 to 4 years.
