What Types of Debts Qualify for Consolidation?

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Debt Consolidation

Joined: 05 Jun 2009
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Posts: 9

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Subject: What Types of Debts Qualify for Consolidation?

Mon Jul 06, 2009 5:57 am

I Think many types of Debts Qualify for Consolidation but I need some specific answer for my question.

Please anyone give me some comment about my question.

Thanks in Advance.
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carol

Joined: 27 Jun 2006
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Posts: 1307
Location: Los Angeles, California

29555 Magic Points

Mon Jul 06, 2009 9:26 am

Hi Debt Consolidation

Usually any type of unsecured debts qualify for consolidation. Unsecured debts mean:

personal loans
medical bills
student loans
credit card loans

Secured loans like mortgages and auto loans do not qualify for debt consolidation.
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Carol

Silverworm
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Mon Jul 06, 2009 10:05 am

I've heard that you don't need to go for a debt consolidation agency when trying to consolidating your credit card debt. You can get a balance transfer card rather than opt for debt consoliation. Apply for a zero interest credit card.

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