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Posts Tagged ‘Debt’

The Student Loan Scam: The Most Oppressive Debt in U.S. History and How We Can Fight Back

An Indie Next Notable Title

Named one of CNNMoney’s financial heroes, Alan Michael Collinge argues that student loans have become the most profitable, uncompetitive, and oppressive type of debt in American history. In an unprecedented analysis of this -billion industry, Collinge covers the history of student loans, the rise of Sallie Mae, and how universities have profited at students’ expense while telling stories of people whose lives have been shattered as a result-including his own

List Price: $ 20.00

Price: $ 12.77

PERSONAL UNSECURED LOAN, LOW RATES, CAR REPAIRS, MEDICAL BILLS, CREDIT CARDS

US $0.01 (1 Bid)
End Date: Saturday May-19-2012 17:34:39 PDT
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Vintage The City Loan Personal Financing Co. Ohio Matchbook Matches Advertising
US $19.95
End Date: Sunday May-20-2012 5:48:44 PDT
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Question by Lizsplace: Is it better to take a personal loan to pay off a credit card debt?
I have had a credit card debt of just over $ 2000 for quite a while now and my monthly interest rates are almost $ 100! Is it worth taking out a personal loan at a much lower interest rate and paying that off instead?

Best answer:

Answer by dusty_titus
Absolutely, just remember to keep that CC home and not use for at least 14 months.

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Question by kamolahy: I need to get a personal loan or consolidate about 10k in debt, but my credit is awful, how do I do it?
I have about $ 10,000 in debt. I need to consolidate the loan, as my financial situation is now getting stable. It’s not stable enough for me to pay the collection companies a lump sum yet though.

My credit is bad enough to where a personal loan is not likely. I would like to consolidate it so I can have manageable payments and get on with my life and credit rebuilding.

I don’t think I have anyone I know who can cosign for me on a loan either. Any suggestions?

Best answer:

Answer by melissa s
you could try something like care one, but the only thing is it can really affect your credit…….negatively.

Give your answer to this question below!