topic Re: Debt Consolidation Loan for CC Debt & Score Increase... in Personal Finance

Debt Consolidation Loan for CC Debt & Score Increase...

Andy77 — Fri, 12 Aug 2016 18:23:17 GMT

I have 25k in CC debt I want to consolidate to increase my score and lower my payments.

8k limit 4500 balance 21% APR

12k limit 10500 balance 11% APR

15k limit 11200 balance 11 % APR

My scores are 680 across board, 180k income, bk discharged sept 2009, lots of inq

Who is good

Lightstream by Suntrust

Payoff Loan by Payoff.com

Thank you

Re: Debt Consolidation Loan for CC Debt & Score Increase...

Turbobuick — Mon, 29 Aug 2016 06:04:54 GMT

LightStream is great if you qualify. They gave me 20K unsecured as a car loan. Took only 3 days. They do require exceptional credit history.

Re: Debt Consolidation Loan for CC Debt & Score Increase...

Anonymous — Mon, 29 Aug 2016 19:47:07 GMT

Several of the companies will offer you a soft pull to see if you qualify. It will also reveal your interest rate. I just got a loan from SoFi and I am expecting my scores to show the result in the next few weeks. I think Prosper also gives you a "no penalty" check. You might just check around online and see what is offered.

Good luck to you.

Re: Debt Consolidation Loan for CC Debt & Score Increase...

greent — Tue, 30 Aug 2016 04:00:45 GMT

Why don't you just get on a budget and pay off your debt. You make a great income. You could live off of 60,000 and the rest have it go towards your debt. You would be done in no time. Then you can go back to what you were doing before. You should be able to PIF every month. You should listen to Dave Ramsey in the radio. He gives great financial advise. I love my cc's but I follow a lot of what he says.