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Debt Consolidation Loans for people who don't have homes and have extremely bad credit.?

jaliahbug23 - 2007-02-02 12:23:15 - Personal Finance

I owe about 10,000 on medical bills and about 5,000 on other unsecured items. I earn about 40,000.00 before taxes. Is there a company who can and will give me a debt consolidation loan with bad credit and no homeownership? I am trying to help myself.

Best Answer:

Please do not take one of these loans on. The interest rate will be extraordinary and they will hound you more than a hospital I can assure you. What is the maximum amount that you can put on your debt on a yearly basis and really make the payments. Then find a legitimate credit counseling agency, check online. They will help you with a plan. this will ding your credit but so is your current situation.

Answers:

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Please do not take one of these loans on. The interest rate will be extraordinary and they will hound you more than a hospital I can assure you. What is the maximum amount that you can put on your debt on a yearly basis and really make the payments. Then find a legitimate credit counseling agency, check online. They will help you with a plan. this will ding your credit but so is your current situation.