2006-11-08 15:30:17 · 3 answers · asked by Sharonha 2 in Business & Finance ➔ Credit
Don't consolidate! If you do that, your credit report shows that. When future/potential loan people go to look at that, shows that you weren't able to pay your debts so you had to consolidate.
Just pay off...I know is hard...I've been there...just patience and time!
2006-11-09 06:11:04 · answer #1 · answered by jessigirl00781 5 · 0⤊ 0⤋
Not likely. Right now all the creditors share a portion of your overall debt, not 100% of it. You MIGHT get a balance transfer offer to take it all but I guarantee you the interest will be sky high.
Try this instead: Pay off the lowest balance first.
Apply that money to the next CC bill with the next lowest balance.
With these two done, Call CC that you paid off first and ask about a 0% balance transfer offer. Even if it's short term it does help. Keep doing that every 12 months.
In the meantime-Have a yard sale, babysit, deliver pizza, whatever you have to do- and eventually you'll get out of this.
2006-11-08 15:58:44 · answer #2 · answered by upside down 4 · 0⤊ 0⤋
have a home...
get one card under home equity loan......................
2006-11-08 15:31:52 · answer #3 · answered by cork 7 · 0⤊ 0⤋