american_bulldog25 asked:
I just took out a loan for $10,000 in which $5000 paid of credit cards and I used another $2500, so a total of $7500 with all credit cards paid off. now I was thinking of reducing all my credit cards to $100 limit so all I’d have mainly is the $7500 I owe on the loan. Question is….Is this a good idea? If I kept the credit cards with the high limits would this show high risk along with a 10,000 loan? I’m working on refiancing next summer because I have a A.R.M mortgage and I wanna have the best score possibly by then..
PICKETT
Tags:
Best Score,
Credit Card Limits,
Credit Cards,
High Risk,
Loan Question,
Mortgage
Dan W asked:
Is it possible for me to get a loan for some credit card debt? I have established credit and it is not the greatest but Im about 6,000 in debt with credit cards. I make about 2,000 a month take home and was looking for a loan so I can make one payment a month and pay off the high interest cards in the mean time. Any recommendations anyone?
OROURKE
Tags:
Credit Cards,
Credit Consolidation,
Credit Debt,
Interest Cards,
Loan Advice,
Mean Time
davester asked:
I have about $16,000 of credit card debt on four different cards with APRs ranging from about 11 to 14%. I am not working now but have a job overseas waiting for me starting some time in March. Could one of these credit card debt consolidation companies be useful for me? I’ve seen the advertisements and their claims that monthly payments can be reduced, but would this raise the overall amount I will pay? How could one of these companies be of use to me and how could I go about finding a good one? Any recommendations for a particular company? Thanks in advance.
BAIN
Tags:
Advertisements,
Aprs,
Credit Card Debt,
Credit Consolidation,
Debt Consolidation Companies,
Debt Counseling
Shhhh asked:
Can anyone recommend a good, legit credit card debt consolidation for the state of NJ. I need to consolidate a few cards and I always hear bad things about these services but i really need one payment for all cards. Any recommendations in NJ?
EASON
Tags:
Card Debt Consolidation,
Cards,
Credit Card Debt,
Credit Consolidation,
Credit Debt,
Debt Advice