i have tryed banks with no luck.
my word is good trying to clean up my past and turn alot of bills in to one i make very good.
any ideas? thanks
2007-09-21 04:17:05 · 5 answers · asked by sickofitpowur 1 in Business & Finance ➔ Personal Finance
Maybe if you have collateral...maybe your car?
2007-09-21 04:24:27 · answer #1 · answered by awchase96 2 · 0⤊ 0⤋
Forget about getting an unsecured loan for that amount with your low score. Instead work on paying off those debts one at a time.
Make yourself a strict budget. Eliminate all the extras -- cell phone, new clothes, eating out, etc. Put every penny you can squeeze out of that budget on the highest interest rate debt, while making minimum payment on the rest. When the highest rate debt is paid off, move to the next till they are all paid off.
It will take 2 or 3 years but you will have a good payment history.
2007-09-21 11:27:30 · answer #2 · answered by bdancer222 7 · 1⤊ 0⤋
DON'T get a new loan to clean up old debt. Contact the companies you currently owe 1 at a time and work out settlements with each.
2007-09-21 13:46:08 · answer #3 · answered by STEVEN F 7 · 0⤊ 0⤋
Consult a professional Bankruptcy attorney in your area, usually the intital consultation is free.
2007-09-21 11:26:40 · answer #4 · answered by Feeling Mutual 7 · 0⤊ 1⤋
collateral maybe. otherwise you are in trouble.
2007-09-21 11:36:41 · answer #5 · answered by Bob D 6 · 0⤊ 0⤋