Tag: finance

Credit Debt Consolidation

credit debt consolidation
What are the pros and cons of credit counseling for consumers and debt consolidation?

Hello, I am in desperate need a council that my situation is just getting out of hand. I used to have a credit score of about 800 for nearly two years. Now I do not even bother to check my highest score. I made the mistake of purchasing some rental properties with guns. Over time, bad tenants, rising interest rates and a recent wedding I really put in reverse. I tried and tried everything. A couple of my properties have been about foreclosures. I have tried the business that issues credit dispute, but that's not helping. The thing is, my revolving debt is not really so bad, I have two revolving accounts only, but are at the top. I just need pick on them and also arrange my mortgage. I've thought about consumer credit counseling and wanted to know its pros and cons, any advice would be appreciated. Thanks!

There is an article here about the consolidation advice can help. Good luck!

Credit & Debt Consolidation : Debt Consolidation Pros & Cons

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Debt Consolidation Loans

debt consolidation loans
My tax refund offset due to defaulted student loan debt consolidation would prevent them from taking refund?

I have some delinquent student loans and I just found out will not get a tax refund because of these loans. Now I have two dependents to care for and need all my money. I wondered if I was to consolidate all my student loans while a debt consolidation agency would stop the Department of Education to take my tax refund?

hello no I can not stop, even if you made regular payments are difficult and I hope then a refund will not I hope that helps

Small Business Debt Consolidation Loans – Avoid Bankruptcy

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Mortgage Loan Rates

mortgage loan rates
How long will it take the / 4% interest rate of 3 per latest cuts affect mortgage rates and loan companies?

With the Fed decision to cut interest rates, I understand that banks follow suit and lower interest rates. How fast is needed for these changes to go into place? At what point should people start to research to refinance their mortgages and other loans in which they actually reflect the new rates?

Unless you have a fixed rate mortgage, mortgage interest rates today are very important in deciding how much you should pay every month