Need Debt Consolidation Advice
Date: Thu, 11/27/2008 - 16:05
Hello, im new here so here I go...
I have 3 credit cards and one big medical bill I need to pay off which totals up close to $17,000. My credit isn't completely ruined yet...I have to check it but I believe its around 650ish... Anyway, I just want to know if it would be a good idea to consolidate those debts into one?! I have other bills which equal up to $550 a month but im good on paying those monthly payments. Im currently looking for another job but for now, im just more worried about getting rent paid on time. Any advice on what I should do? THANKS!
I have 3 credit cards and one big medical bill I need to pay off which totals up close to $17,000. My credit isn't completely ruined yet...I have to check it but I believe its around 650ish... Anyway, I just want to know if it would be a good idea to consolidate those debts into one?! I have other bills which equal up to $550 a month but im good on paying those monthly payments. Im currently looking for another job but for now, im just more worried about getting rent paid on time. Any advice on what I should do? THANKS!
debt consolidation loan can help you to manage your debt more ef
debt consolidation loan can help you to manage your debt more efficiently as you don't have to pay multiple debts but only one. You can also negotiate with the debt consolidation loan forwarding company about keeping the interest rate low.
debt management program can also help you to manage your debt more efficiently by
1. Reducing your rate of interest
2. Consolidating your multiple debts into one account. Thus, you can pay a single monthly payment at a reduced rate and waived off late payments.
3. The accumulated late payment charges will be waived off.
