Is it possible to get a debt consolidation loan based on salary?
I have a significant amount of debt that I need to eliminate. The real problem I have is the high interest rates. I make around 50K a year but my credit isn’t very good because I have so much debt. If I could get a one-year loan for about 10-15K I could eliminate all of my debt in one year and keep my current lifestyle. So my question is, do any financial institutions offer a one year loan that is only based on my income? I would consider direct deposit with the payment withdrawn automatically each month if that would help me get the loan. If these conditions are not possible, are there any other options available for me? I’m totally open for any suggestions.
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I would just research it and look at the fine print. There are alot of different loan services online now that offer loans based on your income where bad credit is accepted. My advice is to compare and find the one that best matches your needs. Good luck!
Je voudrais juste qu’il recherche et de regarder les petits caractères. Il ya beaucoup de différents services de prêts en ligne, maintenant que proposent des prêts en fonction de votre revenu où un mauvais crédit est accepté. Mon conseil est de comparer et de trouver celui qui correspond le mieux à vos besoins. Bonne chance!
The only answer I can give is — perhaps. As Beth P says, you should simply shop around for a loan service that is tailored specifically for people like you. There will almost certainly be at least one. Best of luck.
Uh, abercrombie, that’s just what Beth said translated very literally French. Wut.
I highly agree that eliminating your debt is something to strive for immediately as possible. Taking out more credit seems like a risky way to do so… But do what you need to do to live a credit-free lifestyle: it’s worth it!
Allen@How Much Do I Make A Year?´s last [type] ..How do you calculate what you make a year?
This isn’t advice or anything, but I’ve often found that when I’ve been denied credit, there was a good reason for that, and I would’ve been better off not trying to get around my bad credit rating.