I was layed off last year and didnt find a job until oct of this year, it only paid about half of my regular earnings. So now I am so far behind that I cannot get a loan from anyone to catch up on my outstanding loans. Please if you have any answers I would very much appreciate them. I am in such a financial bind here now. I have only one income which is not neraly enough to pay all my bills and the hours that I work won't allow me to work 2 jobs or I would. Does somebody out thee have an answer for me. please only sincere answers in reply. I am at my wits end here and dont know where to turn.
2006-12-26 02:07:32 · 5 answers · asked by poopadoopnu2 1 in Business & Finance ➔ Taxes ➔ United States
Turn on your television; there's tons of ads.
Try Yahoo search using "consolidation loan" and you'll get tons of places.
http://search.yahoo.com/search?search=consolidation+loan&ei=UTF-8&fr=ks-ans&ico-yahoo-search-value=http%3A%2F%2Frds.yahoo.com%2F_ylt%3DAs3NZFaJTZ.fAbH1w0nvR_AazKIX%2FSIG%3D111gjvvgj%2F*-http%3A%2F%2Fsearch.yahoo.com%2Fsearch&ico-wikipedia-search-value=http%3A%2F%2Frds.yahoo.com%2F_ylt%3DAhklYJ1Gd.azKk0.SQYFFkkazKIX%2FSIG%3D11ia1qo58%2F**http%253a%2F%2Fen.wikipedia.org%2Fwiki%2FSpecial%253aSearch&p=consolidation+loan
2006-12-26 02:12:06 · answer #1 · answered by hawkthree 6 · 0⤊ 1⤋
Do you own any real estate? There are definitely loans available to you if you do, it's just that the terms of the loan will include high fees and interest rates.
If you don't own any income, call your creditors and explain your situation. Maybe you can work out a payment program with them. No matter what, don't ignore their calls. It will be difficult, but if you don't have the money, you just don't have it. Them harassing you won't get it to them any sooner.
If you have a credit card with your current bank, see if you can get a line of credit to pay your bills and just have the one bill to pay each month.
I don't know if this has been of much help. Keep your head up, you'll find an answer somewhere.
2006-12-26 10:16:38 · answer #2 · answered by Le_Roche 6 · 1⤊ 0⤋
Bad credit is one of the worst problems to have... however there exists a solution.
I will hereby talk from my personal experience.
I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details,
if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,
a good place to start in my humble opinion is astraight to the point ebook with question and answer I found :
http://umgarticles.atspace.com/debt-consolidation.htm
if it helps kindly remember me in your voting!.. cheers!
2007-01-03 01:38:34 · answer #3 · answered by Anonymous · 0⤊ 0⤋
if you have a job then that at least is a good thing when trying to get a loan. also any kind of collateral, like a car? try your own bank first. if you don't have a bank, then get one.
2006-12-26 10:12:19 · answer #4 · answered by KJC 7 · 0⤊ 0⤋
consumer credit counseling
2006-12-26 10:17:39 · answer #5 · answered by Anonymous · 1⤊ 0⤋
I don't know what to say maybe a lawyer.
2006-12-26 10:12:02 · answer #6 · answered by Breauna P 1 · 0⤊ 0⤋