07-25-2007 07:44 PM
My situation is sort of unique. I got a few credit cards back in 2004, and a few months after getting them, I was hospitalized and not allowed to work for a few months due to a really troublesome pregnancy. This resulted in my newly established credit being destroyed. I recently signed up to myFICO, and have been taking steps to re-establish my credit. I have heard of people taking out personal loans to pay off debt and have one single monthly payment. Does anyone have any suggestions on what I should do? My scores thus far are 557 Trans, 531 Experian, and 500 Equifax. My credit card and medical debt is around $3500.00.