Help w/ installment loan for debt consolidation.?

Consolidate Installment Loans

Real debt consolidation loans are only for people with a good credit rating and income.

- There are non profit debt management plans through the National Foundation of Credit Counseling. http://www.nfcc.org/ - This is not a loan, it's a payment plan where you pay back your cards at a lower rate of interest and have just one monthly payment. This program involves closing all your credit cards. This program will not increase your credit score and may initially make it go lower.

- No real way to increase your credit score as long as you are maxed out on several cards.

Not going to happen.

Debt consolidation loans are just personal loans and personal loans require very high credit scores..

SunTrust bank has a personal loan website but they require a minimum 780 score , I believe.

There are no lenders that give personal loans to people with credit scores in the low 600s.

consolidation loans are lies. what you find online will be scams online.

you can only get this type of unsecured loan if you have excellent credit. and you don't

google: choosing a non-profit credit counselor http://www.consumer.ftc.gov/articles/0153-choosing... nfcc.org will put you on a debt re-paying program.

If you can pay 10% per month, in 12 months you should be debt free

you probably need to concentrate on paying down each credit card as quickly as you can

take the lowest balance card and make every effort to get it paid off and destroy it

then on to the next one, and on down the line

until you are down to one card and try to pay it off each month in the future

this will be hard but getting a loan to pay all of them off is probably a faint glimmer of hope, albeit you would probably save tons of interest

if the balances are all about the same put extra on the one with highest interest, If you have various balances, pay off the smallest one first, then put that payment on the next smallest and pay it off, and keep repeating until paid off

it depends...