Posted on
July 31, 2009
at
12:29 am
i want to be aware of my eligibility for debt consolidation. i have $25k in unsecured debt because i was disabled for quite some time. i want to pay off my bills fast and cheap, and am interested in qualifying for debt consolidation...... do let me know how this works okay. thanks
Posted on
July 31, 2009
at
2:39 am
Qualifying for debt consolidation doesn't necessarily require a lot of factors. In debt settlement, for instance, you need to have at least a debt amount of $10,000 and highter, and have a steady source of income to be able to make the needed monthly payments. The needed debt amount for credit counseling, on the other hand, should at least be below $10k, and can hardly make the minimum payments due monthly.
Posted on
July 31, 2009
at
3:01 am
do I have to have a particular credit score in order to qualify?could you tell me more about the settlement, also.
Posted on
July 31, 2009
at
3:24 am
I don;t think you have to have a specific credit score to qualify.
Posted on
August 3, 2009
at
12:10 am
How can i qualify for a debt consolidation loan? Someone recommended that i borrow against my equity, which is somehting i find convenient and easy to deal with TBH, it's there anyway, so i am interested to know how that works, and what can i do to avail of one.
Posted on
August 3, 2009
at
1:52 am
There are no factors that are considered in qualifying for debt consolidation loan, especially if you are looking for an unsecured one. However I think opting for debt consolidation loans are more risky and disadvantageous for you in the long run. It doesn't really deal with the problem of debt in the first place, and you will end up going round and round in circles in making payments and worrying about interest rates and such.
