Need a loan for debt consolidation?

I am currently trying to get a loan for my credit card debts. I was stupid a few years ago ran them up and now trying to pay as much as I can. I wanted to get a loan to pay off the cards and not use them anymore. I tried with my bank and lending tree and I was turned down. My experian credit score is 710 and by debt is about 15,000. I dont know what else to do.

Need a loan for debt consolidation?

Even with a high score for 15K they will want collateral.

Need a loan for debt consolidation?

As the person above said, for an amount that high you will most likely need collateral. Do you own your own home? A home equity might be the best route.

Need a loan for debt consolidation?

The problem is you have no collateral to match the debt. While you may have a great credit score, you have nothing they can repossess to cover the loan should you default. You just need to keep working on paying them off.

Need a loan for debt consolidation?

c_allardyce

as P J mentioned you still need colletral . . . i mean you stuck

how ever there is cheap offers but they also will take a lot

from you , so you will get rid of the debts of your cards to fall

in these cheap offers dept , its all up to you , you do the

math , the offers may help you in only best deals blog , sorry i

cant post the url here , so open google and type only best

deals , it should appear in the first line , please note to find

the exactly cheap offers simply use the top search box over

there which must lead you directly to them . well good luck i

hope this help you .

Need a loan for debt consolidation?

you can try prosper.com

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Need a loan for debt consolidation?

Even with a high score for 15K they will want collateral.

Need a loan for debt consolidation?

Debt consolidation is an option, and you should look into it. Just be careful about WHAT you're getting into. Some plans, because of their higher APR rates get you into more trouble than you were.

Also, some lenders look poorly upon it later on. Some institutions believe that it really is a black mark. It will depend upon the types of deals that your particular company or lender work out, and of course, your own individual circumstance. For some with absolutely NO way out, debt consolidation is a welcome option.

Take a good hard look at all the options and plans offered, and don't let a single company pressure you into something you just can't do. Make sure that you're comfortable with the plan offered before you commit to it.

In any case, it doesn't hurt to investigate debt consolidation as an option. It doesn't cost you anything to find out more information about it.

If you want a place to start your investigating, there's information and listings for debt consolidation providers on the page listed below. You'll probably find something of use there:

http://axalda.info/debt-consolidation.ht...