Debt Consolidation Loans
Date: Fri, 09/18/2009 - 20:25
Is there a such thing any more that doesn't use a house or a car for leverage? I am current on all my bills, but I have about 43000 in debt that I would like to consolidate (one of those is a car loan, if I take that out and leave it on it's own it is only 33000) into one payment and then close out all but one CC. There used to be plenty of places that would loan that on a signature loan if you were above about 650 fico, now it seems that no one will loan anything at all even if you have 750+ without a car or house securing it. I know that if you do a true consolidation loan that whatever gets paid off gets closed during the process, and I am ok with that. Anyone have any ideas that can help me out here?
- House only has about 22000 in equity.
- Cars are either too low in value or upside down in the loan already
- Credit Score is about 665 or so due to Debt to Income and/or Higher Balance to available ratios.
- House only has about 22000 in equity.
- Cars are either too low in value or upside down in the loan already
- Credit Score is about 665 or so due to Debt to Income and/or Higher Balance to available ratios.
It is next to impossible to get a personal loan these days witho
It is next to impossible to get a personal loan these days without a stellar credit score, but even then its not guaranteed. The best place to look are peer-to-peer lending sites like Prosper. They too have started requiring better credit scores so you may not qualify. Be wary of any company that says they can get you a loan. They cannot.
