I have bills totalling around $5500-6000 and need a loan to pay them off and close all the accounts and then just pay off the loan instead of 6-7 different payments....my credit is around 450, so pretty low, i've tried a few places but haven't been approved, any ideas, or I mean places to be guaranteed a loan? This debt is from when i was a teen and now i am older and mad at myself for it but trying to get rid of it...help!
2006-07-11 12:02:40 · 8 answers · asked by oxotarynoxo 2 in Business & Finance ➔ Credit
YWCA
2006-07-11 12:07:32 · answer #1 · answered by tanzariun 2 · 0⤊ 0⤋
Try a credit counseling program, e.g.- CareOne. You don't have to own a home or get a loan. They don't usually cover an secured debts. All you have to do is list your debts and make a one lump sum payment to the credit counseling program. They will then distribute it to each creditor. And their fees are very small.
CareOne was great, you can do it all online and you don't have to talk to anyone. Once you list your debts, they'll send your monthly payment amount. If you agree, you can electronically sign the paperwork.
You can also try your local Consumer Credit Counseling Service.
2006-07-11 12:25:16 · answer #2 · answered by Celeste 6 · 0⤊ 0⤋
Consolidate your payments and pay them on time, you will have a better score before you know it. A few articles that might help:
Debt Consolidation - Get Out Of Debt
http://www.askaquery.com/Answers/qn1643.html
How to Hire a Debt Counselor?
http://www.askaquery.com/Answers/qn1584.html
What is Debt Relief?
http://www.askaquery.com/Answers/qn1583.html
Debt Management and Building Wealth
http://www.askaquery.com/Answers/qn1581
2006-07-14 00:38:01 · answer #3 · answered by Kate S 1 · 0⤊ 0⤋
unfortunately with such low credit score, you will need a loan from a relative.
2006-07-11 12:21:31 · answer #4 · answered by davidjohncpa 2 · 0⤊ 0⤋
A good way to raise your credit score is through a credit repair agency... i found http://www.affiliatetier.com/redirect.php?red=credit3 to be helpfull... and all they require is a name and email address to send you information about it... how to repair credit and everything
2006-07-11 13:30:28 · answer #5 · answered by Anonymous · 0⤊ 0⤋
with that score, no one will touch except predatory lenders or family
2006-07-11 12:26:00 · answer #6 · answered by DIE BEEYOTCH!!! 4 · 0⤊ 0⤋
There is some useful advice here.
2006-07-11 17:47:32 · answer #7 · answered by Anonymous · 0⤊ 2⤋
you can check the claims here i think you will be pleasantly surprised
http://www.wesayes.com
2006-07-11 12:25:34 · answer #8 · answered by Anonymous · 3⤊ 0⤋