Comments for Loan Info Center

Comment on Private student loan consolidation, How can i get a private student loan with bad credit? by Elaine Severns

Elaine Severns — Tue, 21 Dec 2010 08:21:46 +0000

With a private student loan consolidation, you are able to pay off your student loan debt and get things more organized and under control. This is like a regular debt consolidation loan, only it is used specifically for paying off school debt. Private student loans consolidation helps you get back to more important things you need to be focusing on, whether you are trying to deal with your debt while you are still in school or are finished with school and trying to gain control of your finances

http://www.dixiloan.com/student-loan-consolidation.html

The above website have listed Private Student loan Consolidation Companies, you can check all and Review their interest rate and Term.

Comment on Private student loan consolidation, How can i get a private student loan with bad credit? by hetti jaus

hetti jaus — Tue, 21 Dec 2010 07:17:33 +0000

I had basically the same problem last year. Save yourself some time by go through second and sixth links here: http://www.loanssource.tk

Comment on Does a consolidation loan from a credit union hurt your credit? by My Take on It

My Take on It — Thu, 11 Nov 2010 05:24:46 +0000

Yes, it will impact on your credit if you did indeed close your accounts. Most likely, these accounts were your oldest credit accounts, and that is part of your score. Also, your available credit is part of your score. Not having any available credit is going to take your score down also. All you will have is this installment loan.

Comment on Does a consolidation loan from a credit union hurt your credit? by CatDad

CatDad — Thu, 11 Nov 2010 04:34:56 +0000

Actually, this might have hurt your credit rating. If you had established a long history of paying on time with those cards, then you’ve just removed these from your credit history by closing the account
It would have been wiser to have contacted the card companies and requested credit limit reductions to $500 rather than closing the accounts.

Comment on Do I get a car loan or debt consolidation loan first? by sarahsmile90

sarahsmile90 — Thu, 04 Nov 2010 20:10:01 +0000

There really is not enough information here to say what you would qualify for. But, auto loans are available even for those with bad credit. Most importantly you need a provable income of at least $1500 monthly. If you can meet the requirements of a sub-prime lender be prepared to pay a high interest rate.

There is always the option of a buy here pay here lot, but I would only use it as a last resort as these loans are costly and they don’t usually report your payments to credit bureaus.

Whatever you qualify for, just make sure you understand all the terms and can manage the payments and you can actually use this loan towards rebuilding your credit.

Comment on Do I get a car loan or debt consolidation loan first? by sarahsmile90

sarahsmile90 — Thu, 04 Nov 2010 20:10:01 +0000

There is always the option of a buy here pay here lot, but I would only use it as a last resort as these loans are costly and they don’t usually report your payments to credit bureaus.

Whatever you qualify for, just make sure you understand all the terms and can manage the payments and you can actually use this loan towards rebuilding your credit.

Comment on Do I get a car loan or debt consolidation loan first? by STEVEN F

STEVEN F — Wed, 03 Nov 2010 22:08:57 +0000

Neither. You SAVE to pay CASH for a $1000 car. You CAN’T AFFORD a car anyone will make a loan against. If you have the income to make payments on a CONsolidation loan, you can pay the credit cards DIRECTLY. If necessary DEFAULT on the cards to pay for a car. This will do LESS damage than the CONsolidation loan.

Comment on Do I get a car loan or debt consolidation loan first? by STEVEN F

STEVEN F — Wed, 03 Nov 2010 22:08:57 +0000

Comment on Do I get a car loan or debt consolidation loan first? by Busso Ragusso

Busso Ragusso — Wed, 03 Nov 2010 20:14:58 +0000

You can’t consolidate your debt if you don’t have any money to put towards the consolidation. If not having a car will prevent you from working, you need to worry about the car first.

Also, debt consolidation will smash your credit to pieces anyway and all they’ll do is make you put money into an escrow until you have enough for them to bargain with and they’ll charge you fees in the meantime, and ultimately money talks and anybody can waive the right amount of money in the face of the creditor and get them to agree to it. It’s not like these places are master negotiators. If they were, they’d be negotiating much more vast sums of money than the $5,000 you owe citi.

Comment on Do I get a car loan or debt consolidation loan first? by Busso Ragusso

Busso Ragusso — Wed, 03 Nov 2010 20:14:58 +0000

You can’t consolidate your debt if you don’t have any money to put towards the consolidation. If not having a car will prevent you from working, you need to worry about the car first.