how do i get a loan to clear my debts?

I would suggest you check with a credit card consolidation and debt management company like American Credit Card Counseling (ACCC) or National Foundation for Credit Counseling. I did this a few years back and didn't have any problems - I guess I lucked out and found a good company that wasn't a scam! And it didn't make my credit score go down that much either (its about 800 now).

2 issues to think approximately: a million. Will you nonetheless pay off the non-public loan as you're doing now? 2. (in all probability the main question) Is the interest fee on the economic employer very own loan under the interest fee on the credit card? likely the two solutions must be "sure" yet you will be able to desire to easily verify you cover your floor thoroughly. additionally, it is beneficial to think approximately increasing your money. Paying the minimum will make it look as in case you're in a stand nonetheless. try contributing HK$8,000 rather than HK$7,000. cut back a number of your contemporary fees, sacrifice, and practice frugality and you will see a international of diverse by ability of contributing some greater funds on your very own loan. desire this enables and that i desire you luck.

So, you want to borrow money to pay off borrowed money.

You have to pay it back sometime, might as well start right now.

Google Dave Ramsey. Some good (free) stuff on his website.

Do not try to use a 'debt consolidation' or 'debt agency'. They are all scams.

just keep paying them back. It doesn't help to get a loan to pay a loan. You'll end up paying more money in the long run...

Repay it back. Its too huge a loan amount. U shouldnt have taken such a big loan.

What kind of debt ? If it is for repaying Credit Cards debt - I can suggest you better solution based on my experience. Please Add details. I will reply.