Debt management

Description

please advice

Submitted by Anonymous (not verified) on Fri, 06/05/2009 - 10:28

My husband has been laid off recently. We have four cards in both our names. We do not have enough to pay the dues, except for some savings we will require to run the household. Till now we have been current with all our account. I do not want to file for bankruptcy; I know it will spoil all our chances of getting credit in future. Do I have any other options? If we wait till my husband gets another job, there will be a huge interest on whatever is due.

Is Debt Consolidation a good Idea ?

Submitted by Debt Consolidation on Fri, 06/05/2009 - 07:05

Hello All Member,

In such critical time so many people are in debt and want to move out
of it. One of my friend also has debt and she is in such critical situation. Though she has a good job but she can not save as much money because so much she has to pay to creditors. So debt consolidation is a better option for her?
Need Advice

debt consolidation loan...

Submitted by cbass1017 on Mon, 05/18/2009 - 01:15

Hello all,

I wanted to know if anyone knows of a good place to take out an unsecured debt consolidation loan. I have pretty good credit (700+) but when I took out my two vehicle loans and credit cards I had bad credit and am paying extremely high interest rates for my debt. I would really like to be able to just consolidate all of it into one low interest rate loan to get it paid off much faster.

Any suggestions???

Over $50,000 in Debt

Submitted by Anonymous (not verified) on Sun, 04/19/2009 - 02:11

With no income coming in for about a year now. The little I do get, barely pays for food.

However, I have always managed to pay the mins on my cars. But I am paying $100 here and there and that's about what the interest is. It will never go away. Even if I get a job, I will be paying this off for the rest of my life.