Posted on October 5, 2009 at 2:55 am Is it possible for me to acquire a "no collateral debt consolidation loan" or do  i always have to have collateral to secure to get a loan? help me pls. thanmks

Posted on October 5, 2009 at 3:10 am Hi historymaker,Yes you can avail of a no collateral debt consolidation loan to be able to pay off your debt, but if I were you, I would rather choose other debt consolidation options over getting a loan. It may not be of great help to you in the long run.

Posted on October 5, 2009 at 3:35 am Yeah, why get a no collateral debt consolidation loan? That would be more detrimental to you because you would be in effect paying for another debt on top of all the debts that you are responsible for. That means more fees to pay and more interest that will be charged against you. Not a very good idea!Consolidate your debt instead thru other methods. That way you can pay the debt in a much better way and according to amounts that you can manage.

Posted on October 5, 2009 at 3:48 am the thing is i don't want to pay for any fees for those debt consolidation companies because they might scam me and besides i can take care of the debt myself. that's why i;m getting a no collateral debt consolidation loan in the first placeso what would my other options be anyway

Posted on October 16, 2009 at 2:29 am Your other options aside from a no collateral debt consolidation loan are:- Secured debt consolidation loan- Debt settlement- Chapter 13 bankruptcy- Credit counseling- Balance transfer

Posted on October 16, 2009 at 3:37 am On the contrary, not all debt consolidation companies are scams. A number are members of the Better Business Bureau, as well as regulatory organizations that work directly with each aspect of the consolidation industry.

Posted on October 16, 2009 at 9:04 pm Hi Everyone, My name is Anna and I am with Tristar Law Management. I don't mean to be rude but if you look up the history of the BBB it was owned by a mafia, and now the grandson of the man who started it runs the BBB. Large businesses like BMW were offered a free spot on the BBB and others had to pay their way to a good rating. (just a little information about that). Bankruptcy isnt the way to go, because bankruptcy can come back and haunt you years down the road. Debt consolidation is like taking 3 steps back and then 5 steps forward. And in the end, you are debt free in a matter of 24-36 months. Balance transfers dont always work because (in my case) I transfered my balance and then the introduction rate ended and I was hit with more fees. At Tristar we have our own inhouse lawyer. Just think of it this way. If you try and fight the creditors on your own and youre in the courtroom, you look to the other side and there is the  creditor with THEIR lawyer. What are your chances of winning? But with our assistance at Tristar, our inhouse lawyer will stand by your side. I've been in a large amount of debt and I KNOW the stress it causes. I've seen websites that require a monthly fee. Those are scams! I am not here to scam you or swindle you out of your money. I just want to be able to provide a service to help you get out of debt; the same service that helped me. If any of you are in debt and would like some more information, please dont be shy and shoot me an email. I will call you and would love to speak to you.   Anna

Posted on October 18, 2009 at 7:14 pm Hi Anna,Would you have evidence to back up the claim in reference to the BBB's history?