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Debt consolidation loans can be very helpful in difficult times, offering to stretch out payments over a longer period of time and offer a lower interest rate. However, bankruptcy does offer the potential of a new start; though it will show up on your credit report for ten years, it will also eliminate excessive debt payments.
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Can a debt consolidation help you pay off my child support debt?
Debt consolidation schemes are almost never a good idea. Also, keep in mind that there is no statute of limitations on collecting unpaid child support, and unpaid support is not discharged in bankruptcy.
What are some good debt consolidation tips?
Credit debt consolidation can be a lifesaver, but do keep in mind that it will have nearly the same effect on your credit as bankruptcy. Not quite as bad, but you'll take a very significant ding. With a good job, you should qualify for one those programs, check with CCCS to get more information.
How do I find the best debt consolidation help?
You can find the best debt consolidation help at www.DebtHelp-America.com. Another good site is www.FreedomDebtRelief.com
Where can I find good debt consolidation online?
There are many choices in debt consolidation, some have better results than others. One of them with a web presence is DebtConsolidation.com.
How is debt consolidation a good idea?
Trying to consolidate debt with bad credit is not a great idea. If your credit rating is low, it's hard to get a low-interest loan to consolidate debts, and while it might ...affordabledebtconsolidation
Do debt consolidation companies offer debt advice?
Yes, any good debt consolidation company will offer debt advice. They will go over all your options and give you some tips of how not to let this happen again.
Can I get a debt consolidation loan with bad credit?
I don't see why not. Here's a good article I found that will help you: http://www.lendingtree.com/debt-consolidation/advice/ I hope that helps.
Is debt consolidation ever a good idea?
Debt consolidation can be a useful plan when you have a lot of high interest bills to pay. As long as you have enough reserve capital to pay the consolidated loan, it is a good idea.
How do you know if a debt consolidation loan is a good idea?
Debt consolidation loans are good for people who are trying to keep track of lots of small bills like maxed out low limit credit cards, or for people with multiple student loans. By putting all the debt under one lump loan, it helps people who were falling behind get control of their debt. A debt consolidation loan is a good idea if after consolidation you have a lower total monthly payment at a lower interest. If one of your loans has a significantly higher interest rate than your other loans, you'll want to exclude it from your debt consolidation and focus on paying it off as quickly as possible. If your debt consolidation loan includes it, your rate will be higher and you will wind up paying more over time.
Where can I find good credit cards debt consolidation in Boston?
Boston Credit Card Debt Consolidation is one place boston.massdebtconsolidation.com 198 Tremont Street, Boston - (617) 401-8439
Are debt consolidation loans a good idea?
AnswerWhether or not a debt consolidation loan is a good idea will depend on your particular circumstances. Debt consolidation loans aren't really getting you out of debt, they're just consolidating your debt into one loan. If the monthly payments are lower, it's either because the interest is lower or the term of the loan is longer.If you can get a debt consolidation loan with a reduced interest rate, that may be a good idea since you'll be saving money, enabling you to get out of debt faster. However, if the interest rate isn't lower, look elsewhere for answers to your debt problems.Answer 2At times, a little ignorance or an inadequacy to repay the loan amount lands you in a situation where you feel crushed under a pile of debts. If proper care is not taken in due time, there is a possibility that you may fall prey to a disastrous situation like bankruptcy. Subsequent to this, you will find it almost impossible to borrow funds in the near future at decent interest rates. We offer you a feasible way to come out of your present debts in a simplified manner. With the help of a debt consolidation loan , you can combine more than one debt and replace them with a single, more manageable debt.
Where can a good debt consolidation agency be found in Ontario Canada L A?
There are many good debt consolidation agencies that can be found in Ontario, Canada L A. To find the one that is closest and best suited to you, you should check with your bank or mortgage agent.
