English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

is there a place that will loan u money to pay off debt and then pay the company that loaned u money monthly?

2007-09-30 14:13:28 · 11 answers · asked by no name 1 in Business & Finance Personal Finance

11 answers

No, only people/companies looking to take advantage of you will probably offer assistance.

You can negotiate with whoever you owe debt eith and come up with a plan of action in paying them off.

If it means you need to make so much more per week or month to start paying it off, then it's time for a second job. But it's worth it. Being in debt is the worst thing unless it's for something that appreciates in value, such as a house.

Do not, I repeat, Do NOT look to get any new credit cards to help you juggle these debts. In fact, you should cut them all up right now. If you don't have enough to eat one day, then it's tme to learn how to get by without spending $. You quickly learn to use what you have available.

Asking for help is ok...from parents, relatives, friends. But be prepared to show you are serious about ending reckless spending and have a plan of action. You must be willing to work this off.

Everyone has been in your shoes, including me. What I have learned is that there is no easy answer. The quicker you start facing and dealing with the situation, the better it gets.

2007-09-30 14:26:11 · answer #1 · answered by JoJo 3 · 0 0

You may be able to find something like that. Be careful though, the interest rate will be through the roof. With out knowing what type of debt you are trying to pay off, can't tell you if getting a loan (taking on another debt) to pay off a debt is a good idea.

2007-09-30 14:17:34 · answer #2 · answered by Boots 7 · 0 0

Opt for a debt consolidation loan: The easiest method of getting a debt consolidation loan is to utilize the equity of your home. Equity of your home is calculated and determined by the difference in the amount you have paid and the amount you owe. If the amount you have paid is more than the amount due, you can use it as collateral. This allows you to borrow money on lower interest rates. Besides, you also get tax benefit on this type of loan. Consult your tax advisor before opting for this loan.
http://debt-trap.com/category/Debt-Consolidation-Basics.html

2007-09-30 17:53:50 · answer #3 · answered by biskio 2 · 0 0

is there a place that will loan u money to pay off debt

NO. PAY OFF means you no long OWE the money. RENAMING the debt is NOT paying it off. There are hundreds of companies that will give you the loan you believe you want. All of them are ripoffs.

2007-09-30 15:04:50 · answer #4 · answered by STEVEN F 7 · 0 0

Some banks have credit repair.on line loan sharks.
there are debt repair companies that tear up your
credit cards and make deals with the credit card
people. you make a small payment to the debt
counselor service.
DO NOT FILE FOR BANKRUPT.
IT WILL STAY WITH YOU FORE 8 YEARS.


THAT'S A WRAPP

2007-09-30 14:29:55 · answer #5 · answered by Anonymous · 0 0

There are plenty of places that offer quick loans for people with bad credit with no-hassle applications and easy requirements.

Some of these lenders even offer 1 minute approvals, and have both secured and unsecured loans, depending on your need and situation. Check the page listed below, it has information and bad credit lenders listed off and on.

http://www.axalda.info/bad-credit-loans.html

2007-10-01 05:26:16 · answer #6 · answered by Anonymous · 0 0

Only loan sharks that will charge more % than your current debts ,
And come with baseball bats to collect .
How good is your medical insurance for broken knee caps ?

>

2007-09-30 14:17:25 · answer #7 · answered by kate 7 · 0 0

read thru creditinfocenter.com, you could try for a loan, but beware of debt counseling.

2007-09-30 14:21:38 · answer #8 · answered by Anonymous · 0 0

get a second job and suffer for a couple of years until you fix the mess you got yourself into

2007-09-30 14:54:08 · answer #9 · answered by Anonymous · 0 0

That would be like buying a Hummer to save on gasoline.

2007-10-01 12:44:04 · answer #10 · answered by Anonymous · 0 1

fedest.com, questions and answers