Where can we go to get a loan to pay off debt?

1 Answer

Answer :

Loans to pay down or pay off debt can be found at a few locations. The interest rate will be higher if you possess a low credit score. Banks. credit unions, or even family members may be able to assist you.

Related questions

Description : What bank will give me a loan to pay off the debt I accumulated in college?

Last Answer : Banks such as Bank of America and Fidelity are very good at handing out loans that can be used towards college debts and school tuition, as they have good return policies.

Description : Where can I find more information about loan to pay off credit card debt?

Last Answer : There are a lot of sites offering advice on this topic. The first one I found is here: http://www.fool.com/personal-finance/credit/9-ways-to-pay-off-debt.aspx

Description : A type of loan, where the bank or the lending institution provides the borrower with a loan that helps the borrower to pay off his all previous debts is termed as ________ A. Debt Recovery B. Debt Settlement C. Debt Management D. Debt Consolidation

Last Answer : D. Debt Consolidation Explanation: Debt consolidation is a form of debt refinancing that entails taking out one loan to pay off many others.

Description : If you are on a budget, and are having a hard time paying off debt. Is consolidating your debt with a loan a good option?

Last Answer : Not always. Sometimes it just aggravates the problem. See a debt counselor first.

Description : Have you ever cashed out a significant chunk of assets to pay off all of your debt? In hindsight, was it the right decision and why?

Last Answer : Earlier this year, I was faced with school loans and other debts that I could make the minimum payment for, but with interest rates, I felt like I wasn't making a dent in the actual amount. So I sold my car ... than a car, I don't know if this helps, but I don't regret my decision the least. =)

Description : Did the pilgrims planned to pay off their debt with the fish they caught?

Last Answer : yes

Description : Who agreed to work to pay off a debt?

Last Answer : Indentured servants would work to pay of the debt of theirpassage to America.

Description : To improve my credit score do I have to pay off debt?

Last Answer : Having a credit card and using it responsibly can help improve your credit score. It is recommended that you don't spend more than 30% of your credit limit. Also taking out an installment loan and making your payments on time, and paying down your credit card balances also helps your score.

Description : How can someone pay off their credit card debt?

Last Answer : There are many companies in exsistence today that can help people with growing credit card debt, such as; Consumer Credit, Care One Credit, and a company called Credit Card Debt. One of these services will steer you in the right direction in lowering and eliminating your credit debt.

Description : What are the fastest ways to pay off credit card debt?

Last Answer : One of my first suggestions would be to pull a copy of your credit report. I would then have you go through and pay off each incident on the report. A financial advisor could help you to get all of these incidents in line.

Description : Where can I learn how to quickly pay off my credit card debt?

Last Answer : Typically classes regarding paying off credit card debt are offered by community based organizations. The best bet for paying off credit card debt is to go see a credit couselor.

Description : Will you ever be able to payback your student loan debt?

Last Answer : I didn't take out loans for college, Thank goodness. I think graduating with debt is just awful. I was very lucky to have parents who could afford to pay for my college, and who always ... government providing higher education for our young adults, the way the system is set up needs so revamping.

Description : When I compare my school loan statements and my credit card statement and my car loan it appears to me that school loans operate like credit card debt?

Last Answer : My loans were like a car payment, if I remember correctly. But have you ever deferred any of your loans or ever had them in forbearance? Depending on the type of loans you have, that would effect the total amount ... to pay them off. Ugh! Can't tell you how glad I am that that's over and done with.

Description : What happens to student loan debt if you immigrate from US to Canada?

Last Answer : No. US law is not applicable in Canada.

Description : If I consolidated all my debt, would I have a good chance of getting a credit card or loan with a decent cedit line? How long does it take to consolidate debt?

Last Answer : answer:Your eligibility for a credit card or loan with a decent amount of credit would depend on your credit report and credit history. Lots of open credit accounts, late payments, and number ... the lender you are looking to consolidate with. Both will look into your credit report for information.

Description : Where is the best place to get an unsecured personal loan for debt consolidation of around $19k?

Last Answer : You might want to check out Propser, a peer-to-peer lending site.

Description : Jocelyn takes home 2600 per month from her job as a paralegal if you’re only debt obligation or a car loan payment of 480 and a credit card payment of 80 every month is she in danger of credit overload?

Last Answer : Yes, because the sum of $480 and $80 is greater than $520.2600x20%= 520

Description : What banks offer the best interest rates on a debt consolidation loan in the Boston area?

Last Answer : There are a lot of banks that offer good interest rates on debt consolidation loans. The best one to choose is Regions.

Description : How will a consolidation loan effect my finances with $20,000 in credit card debt?

Last Answer : A consolidation loan will pay off all of your bills and give you one payment. This program will only really work if you cut up your credit cards and have discipline.

Description : Is it wise to obtain a debt consolidation loan?

Last Answer : Any time you can obtain a debt consolidation loan it is a good idea. This is especially true if you can lower your interest rate. You will simplify your finances and also get on a rigid repayment plan.

Description : How do you know if a debt consolidation loan is a good idea?

Last Answer : Debt consolidation loans are good for people who are trying to keep track of lots of small bills like maxed out low limit credit cards, or for people with multiple student loans. By putting all the ... loan includes it, your rate will be higher and you will wind up paying more over time.

Description : What Are Your Options Regarding Student Loan Debt Forgiveness?

Last Answer : Millions of Americans are dealing with student loan debt. For most, that debt will linger with them for several years or decades. Although the average student loan debt is somewhere around $25,000, many ... loan debt gets away from you, there are options designed to help you deal with that debt.

Description : Can I get a debt consolidation loan with bad credit?

Last Answer : I don't see why not. Here's a good article I found that will help you: http://www.lendingtree.com/debt-consolidation/advice/ I hope that helps.

Description : What is the different of the consolidation debt loan from other debt loan?

Last Answer : Obligation solidification and obligation repayment assist you with paying off your obligation load, yet they do as such in various manners and by utilizing various systems. affordabledebtconsolidation Obligation ... pay a lower sum than what you owe, frequently in a single amount settlement.

Description : Interest paid by the government on the loans raised is called - (1) Debt Servicing (2) Deficit Financing (3) Discounted Budgeting (4) Bridge-loan

Last Answer : (1) Debt Servicing Explanation: Debt service is the amount of money required to make payments on the principal and interest on outstanding loans, the interest on bonds. or the principal of maturing bonds. An ... or company unable to make such payments is said to be "unable to service one's debt."

Description : A trad-able form of loan is normally termed as ________ A. Certificate of Deposit (CD) B. Inter Bank term Money C. Bill Re-discounting D. Debt Instrument E. None of the Above

Last Answer : D. Debt Instrument Explanation: A trad-able form of loan is normally termed as a Debt Instrument. They are usually obligations of issuer of such instrument as regards certain future cash flow representing Interest & Principal, which the issuer would pay to the legal owner of the Instrument.

Description : Which of the following will result in the highest interest rate: a. Issuing Bonds. b. Issuing Stock. c. Current Debt. d. Emergency Loan. e. Both a combination of a and b.

Last Answer : d. Emergency Loan.

Description : Interest paid by the government on the loans raised is called (1) Debt Servicing (2) Deficit Financing (3) Discounted Budgeting (4) Bridge-loan 

Last Answer :  Debt Servicing

Description : Would it make sense for me to pay off a loan with another?

Last Answer : You should pay off the loan with the higher interest rate first.

Description : when you pay off a car loan & cancel gap insurance who returns the money for that?

Last Answer : Need Answer

Description : when you pay off a car loan & cancel gap insurance who returns the money for that?

Last Answer : My best guess would be the insurance company would refund any money that paid for coverage time not used.

Description : what type of grant would help to pay off about $35,000 mortgage loan for senior citizens?

Last Answer : what type of grant would help to pay off a mortgage of about $35,000 loan for senioir citizens?

Description : if i have a loan at simple intrest of 16.99% and i wanted to pay off the loan in cash today would i still have to pay 11,000 or would a large amount of the intrest fall off just like a mortgage. citi finance tells me intrest payoff and cash payoff equa?

Last Answer : This link shows all shelter in Texas. http://www.homelessshelterdirectory.org/texas.html

Description : Is there a fee to pay to remove ones name off of title and or loan on a home in florida.?

Last Answer : There is a fee to get someone off your title because you would have to get a new title. As for getting someone off a mortgage, you would need to refinance the loan without that other person on the loan and there are always cost associated with doing that.

Description : How long does it take to pay off a car loan at average interest rate?

Last Answer : The time it takes to pay off a car loan with an average interest rate depends on many factors such as the type, cost, and mileage of the car. The average to pay off a car loan for a new car is generally about 5 years, give or take the model of the vehicle.

Description : Can you pay a car loan off early?

Last Answer : If your loan is fixed, you could pay your loan off early but you would not benefit from it because you would still be paying the same amount. And there are some loans that you will be penalized for paying off early. Please check the terms of your loan.

Description : What is the interest rate that we pay on the national debt?

Last Answer : By my calculations, it’s generally around 4.7% every year (I could have calculated this wrong). Check out these pages: Historical debt outstanding Interest expense on the debt outstanding

Description : how to stop a debt collector from calling you evevy after you pay then

Last Answer : I would call the original debt company and have them stop the debt collectors.

Description : Why did the colonist feel that they should not have to pay the British war debt?

Last Answer : I am guessing that you mean the war debt from the French andIndian War (Seven Years War) which ended in 1763. This debt was thereason the British tried to impose taxes on their American ... . To now present the colonies with a bill foradditional costs of the war seemed greedy and ungrateful.

Description : In 2012 the US owed about 16 trillion in debt. The interest rate on the national debt is about 1 per year. How much interest does the US pay each year on its national debt?

Last Answer : Feel Free to Answer

Description : What can a business in debt do to pay the debt?

Last Answer : There are many different solutions I can think of. The owners could sell part of the business, they can try some new things, they can get a loan... All good ideas.

Description : Under a conservative financing policy a firm would use long-term financing to finance some of the temporary current assets. What should the firm do when a "dip" in temporary current assets causes ... C. Use the excess funds to repurchase common stock. D. Purchase additional plant and equipment.

Last Answer : B. Invest the excess long-term financing in marketable securities.

Description : Current liabilities a. are obligations that the company is to pay within the forthcoming year. b. are listed in the balance sheet in order of their expected maturity. c. are listed in the balance sheet, ... . d. should not include long-term debt that is expected to be paid within the next year.

Last Answer : a. are obligations that the company is to pay within the forthcoming year. b. are listed in the balance sheet in order of their expected maturity.

Description : Which of the following will give your company an AAA bond rating: a. Have contribution margins higher than 30%. b. Have absolutely no debt. c. Retire all of the current outstand stock. d. Pay a dividend that is less than EPS. e. Retire bonds before they are due.

Last Answer : b. Have absolutely no debt.

Description : You pay no brokerage fee if you: a. issue bonds. b. retire bonds. c. retire stocks. d. acquire current debt. e. issue stocks.

Last Answer : d. acquire current debt.

Description : The contractor provides the financing and is paid an agreed fraction of actual savings  achieved. This payment is used to pay down the debt costs of equipment and/or services.  ... contract b) extended technical guarantee/service c) performance Contract d) shared savings performance contrac

Last Answer : d) shared savings performance contrac

Description : If we paid off the $10 trillion national debt, would there be no more money left?

Last Answer : you know i really dont know, my question is how do we just make money? why can the government just create money out of thin air? Dosent that make the US dollar worth less. Stupid government and rich people.

Description : If a person you owe money to has died, and the deceased DID NOT have a will, do you still have to pay back the loan?

Last Answer : You still owe the estate. The court will decide who gets the money but the debt is property of the estate.

Description : If you have a loan or credit card balance, and you pay over the minimum due, whatever you pay over goes directly to the principal, right?

Last Answer : answer:The longer you have the debt the more interest you pay as each month more interest is added. If you only pay the minimum you will have the debt for much longer and you will pay more interest. The ... . Even I you pay the loan of early you will stay pay the interest for the full loan period.

Description : Is there a pay day loan company that gives loans to people who receive social security?

Last Answer : answer:My Mother In Law was able to get loans on her Social Security Disability, so I suspect that you could. I believe she also used her car as collateral. She now has a certified payee who manages her money for her, so she doesn’t run out.