Posted on
July 5, 2009
at
10:18 pm
I Think many types of Debts Qualify for Consolidation but I need some specific answer for my question.Please anyone give me some comment about my question.Thanks in Advance.
Posted on
July 5, 2009
at
10:56 pm
Hello,Many different types of debts qualify for consolidation, including credit card debt, store card debt, personal loan debt, utility bills, and so forth.-------------------------------------
Posted on
July 5, 2009
at
11:20 pm
Unsecured debts qualify for consolidation. All the examples stated by debt.consolidation earlier are all unsecured debts.
Posted on
July 6, 2009
at
4:30 am
what about the deal with an unsecured debt turning into a secured one? what's that called?
Posted on
July 6, 2009
at
6:07 am
Frank, that is one kind of debt consolidation loan called a home equity loan. Here you put up your home as collateral from the equity that you borrow against it.
Posted on
July 6, 2009
at
6:08 am
how much should my debt be in order to qualify for consolidation
Posted on
July 6, 2009
at
6:41 am
It really depends. For debt settlement the minimum amount is $5000, but some agencies require at least $10-15k in debt. For debt consolidation and credit counseling, the amounts are typically lower.
Posted on
July 12, 2009
at
11:07 pm
Thanks To AllShare your suggestion here ...
Posted on
July 13, 2009
at
2:38 pm
I would say that the average amount of debt you would need to have in order to qualify for a debt settlement company is $10,000. I am not aware of any settlement companies that take on people with less than $7,500. Credit counseling agencies will take on lower debt amounts however. Now, the original question- what types of debt qualify for debt consolidation- right, it is unsecured debts for settlement or counseling. Credit cards, personal loans and medical bills are the most common.
