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debt consolidation

Do you have to have a certain amount of debt to consolidate?

Answer Question

Asked by Anonymous at 11:09 AM on Dec. 19, 2008 in Money & Work

Answers (3)
  • yes ,,,,50,000,,so we need to refinance ..i heard the interst rates are going down,,,,,do u think they will???

    Answer by cameron536 at 12:15 PM on Dec. 19, 2008

  • Don't do it. Work with the creditors you already have. Consolidation loans have higher rates because they look at you as a bad or high risk because of the debt load you already carry. Trust me, I've been there.


    Answer by Madge1428 at 3:15 PM on Dec. 19, 2008

  • Madge is right. Consolidation LOANS are not good. If you are really in need of something try Consumer Credit Counseling. If you need or want more info, message me.

    Answer by feesharose at 3:26 PM on Dec. 19, 2008

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