Can i get debt consolidation if my debt is about 3,000 dollars?
Question:
Answer:
Sure - you could get a loan for any amount.
Maybe but you could also just tighten your belt, squeeze your budget and work on paying your debts off one at a time. Start with the highest interest rate and throw as much as you can squeeze out of your budget, while paying minimum on the rest. Once the highest interest rate is paid off, go to the next till they are all paid in full.
You could probably pay it all off with 2 to 3 years. Get a second job and pay it off faster.
There is a great place to go with this. I was in a very similar situation.
This is getting help from real people without the use of banks or credit card companies. Good Luck!
http://www.prosper.com/join/lzc5wh...
YES
Opt for a debt consolidation loan: The easiest method of getting a debt consolidation loan is to utilize the equity of your home. Equity of your home is calculated and determined by the difference in the amount you have paid and the amount you owe. If the amount you have paid is more than the amount due, you can use it as collateral. This allows you to borrow money on lower interest rates. Besides, you also get tax benefit on this type of loan. Consult your tax advisor before opting for this loan.
Sure! Debt consolidation lenders love giving out loans, even if it isn't too large of a sum. Your best bet is request a few quotes from reliable lenders and actually see how much you will be able to save per month. You can do this by searching on yahoo, google, or visiting a site such as http://debtconsolidationsource.googlepag... request as many quotes as you can, they are free, so you might as well shop around until you're sure you've found the best.
Hope this helps!
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