"Too" Much Credit Co-Signer!!?

your just moving the debt around. Why not get on a written budget. tighten your belt for a while and knock out the debt. Get a second job til the debt is gone. Cancel all of your credit cards and live debt free. It's easy.

Debt Free is definitely the way to be!

Ive never heard of such a thing as to much credit..I do understand where you need to get a new loan to pay off a loan you may have. Like if your so far behind on the payments you cant catch up or the interest rate is super high or even your current debts exceed the money you have. Getting a loan may have a lower payment to combine it all rather than paying them seperate. Been there done that! I think it is a good idea to find someone who can help you. Why dont you try to contact your bank and get a personal loan..You dont have to tell them its for paying off other debts, say your doing home improvments or something.

I just got a loan with Citifinancial with no co-signer and

I have a judgement and two collections on my report

and I did not need a co-signer. I'm paying 25% interest

but that interest only ends up making me pay 585.00 extra

so I just send in extra. My credit score is 525.

They won't take your Uncle because he has too much

debt to ratio not that he has bad credit.

You very probably could get very undesirable words if all and sundry could finance you. no longer basically 19-29% interest. (Or as low as 12-18% yet that may not the factor) all and sundry that would approve you may can charge you hundreds better than the vehicle is worth for the reason which you haven't any longer shown your self with credit. purchase a automobile for funds. Then take out a secured own loan. Borrow $2500 for 12 months, go away the $2500 on deposit, pay month-to-month for 12 months and once you pay the own loan off, you have equipped credit and have been given $2500 in funds. additionally get a secured credit card. do no longer finance a automobile till you have equipped up sturdy credit. you frequently additionally choose for a minimum of $1500 consistent with month earnings (common). $2000+ is extra ideal. (Or can get a perfect credit cosigner)

So you're going into debt to pay off debt? Does that make sense? You are not paying off debt. You are just moving it. The debt is still there.

Better plan - get on a written budget and pay off your debt.

If your uncle is willing to co-sign, ask him for a loan.