PostHeaderIcon Where is the best place to go for a debt consolidation loan that won’t hurt my credit?

I have a ton of revolving debt (mostly credit cards) and just bought a house 5 months ago so I don’t have much for collateral. I’ve already been denied by a bank so is there anywhere I can turn to for cosolidation purposes that isn’t going to kill my credit? I want to consolidate my high interest credit cards onto a lower interest loan and need suggestions.

5 Responses to “Where is the best place to go for a debt consolidation loan that won’t hurt my credit?”

  • Frank O. American says:

    It depends how hard you are.

  • whatevit says:

    You are headed in the right direction. Go to another bank, and another if they say no. The wrong thing to do is give-up. Make sure that whoever you go to provides money, if they have a fee that you have to pay up front, they are a CON.

    As long as your interest is under 12.5% you should accept it, even if they place a lien on your house. HOME EQUITY LOAN is good for you, it is deductable on the taxes. “Good” might be able to help you.

  • neo says:

    none…. all those companies are bad

  • carlos says:

    The best is to deal with a company you already know (your bank).

    Maybe you can refinance your mortgage AND your debts (new mortgage… urgent repairs…)

    Stay strong and keep an eye on your expenses.

    Good luck !

  • Susan F says:

    Why don”t you approach a private lender?I got my loan from a certain agency i met here in yahoo answers.Their interest rate of 0.2% is simply great..Why don”t you try there?
    You can contact them with their email,

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