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#1 |
Registered User
Join Date: Jan 2018
Location: us
Posts: 128
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Debts way out
I have outstanding debits should I take out a loan to consolidate the debits?
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#2 |
Registered User
Join Date: Apr 2018
Posts: 141
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If you do a debt consolidation loan for purposes of being able to manage repayment, one of the problems folks face is that now their credit cards have a zero balance. And then it becomes really tempting to use those cards. Now you have an even bigger problem.
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#3 |
Registered User
Join Date: Jan 2018
Location: us
Posts: 128
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Thanx a lot for your reply. I am aware of that problem. My cousin used to take debit consolidation services https://debtquest.com/services/debt-consolidation/ and it worked pretty well for him. I know that by lowering my interest rate with a credit card debt consolidation loan, the total amount of debt I owe decreases, allowing me to get out of debt more quickly. So, yeah, it is pretty cool system.
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#4 |
Registered User
Join Date: May 2018
Location: Berkshire, UK
Posts: 67
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Whether consolidating your debt is a good idea depends on both your personal financial situation and on the type of debt consolidation being considered. Consolidating debt with a loan could reduce your monthly payments and provide near-term relief. I personally chose this way and addressed https://justbloans.com/south-carolina/ where I could get the money and pay my debt off. No regrets.
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#5 |
Registered User
Join Date: Apr 2018
Posts: 141
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It seems really useful.
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#6 |
Registered User
Join Date: Apr 2018
Posts: 192
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I was always wondering about the way to take a loan without any additional proof or documents, but with https://advanceloans.ph/vamo-philippines/ it is possible to do. The service is absolutely safe and you are able to get any loan within a short period of time. This service is absolutely safe, provides only the best payouts and fast registration. I totally recommend this option to everyone who needs money urgently.
Last edited by swipka777; 05-18-2022 at 05:35 AM.. |
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#7 |
Registered User
Join Date: Jan 2016
Location: Hyderabad
Posts: 4,286
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Debts way out
Yes. You can dig yourself out of debt and save at the same time, but it takes planning.
First, tackle the high-interest debt, and always pay the minimum balance on your credit cards and loans. Plan to save a small percentage of your paycheck for your nest egg, as you pay down your loans.
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