Can I get a debt consolidation loan as a home loan but with no equity?


Question:
I am trying to consolidate my credit card debt because the payments are too high each month. If I could get a home loan this would be perfect. I am having difficulty making all the payments and I don't want to completely ruin my credit. Any reliable consolidation advice would be apprecitated!

Answer:
No

What are you doing to reduce your spending habits and increase your income?

Most people who consolidate their debt go right back to their spending habits and end up running their credit cards up again.

If you are financially irresponsible the best thing you can do for yourself is to cut up your credit cards and get a second or third job and pay the cards off.

You got yourself in this mess, you are going to have to work hard to get yourself out. Most people want an easy solution but there aren't any.
try this it wil help you hope
http://www.freewebs.com/***********...
well, I don't promise anything but
people in debt often seem to find some help here :
http://credit-cards.ebookorama.com...
http://credit.ebookorama.com
http://credit-repair.ebookorama.com...
and here http://finance.ebookorama.com
good luck!
Hey, I used Prosper.com and it worked out great for me. Prosper loans aren't funded by banks, they're funded by people like you and me! I consolidated all my credit cards and reduced my interest rates by half. If you're interested you can join my Prosper group.

http://www.prosper.com/public/groups/gro...
try to go to http://www.hotloansources.com they provide free resources and free tips on all types of loans and consolidation
It's difficult to say what would be the best solution for you because it all depends on your circumstances. In your situation it will pay you to shop around and consider all your options. There's a website here which should give you information and advice. I hope you'll find your solution. Good luck!
More Related Questions & Answers...
  • Debt consolidation?
  • Should I file for bankruptcy or do debt consolidation. I have $42K in cc debt + my car, house, i cant keep up?
  • Has anyone ever heard of "Freedom Debt Relief Program"?
  • Does it look negative on your credit report if you do a debt consolidation??
  • What are the pros and cons of using debt relief agencies to get rid of debt? What does it do to your credit?
  • Debt relief- who should I use?
  • Why is it that debt consolidation agencies cause your debt to go up if you sign with them?
  • Do Germans use English for "Debt consolidation" instead of the German equivalent ?
  • Debt Consolidation - is there a way to keep any of the accounts?
  • I went with a debt consolidation company and still received a summons from a creditors. WHY??
  • The questions and answers post by the user, for information only, AnswersRoom.com does not guarantee the right
    Copyright © 2007 AnswersRoom.com -   Terms of Use -   Contact us

    Hot Topic