Debt Consolidation Help

Posts Tagged ‘I’

Hi there, I have been on and off with my partner now for a year, he has his own house, but after a year he owes a lot of debt, remortgage, loans etc so I moved out and now he has tenants in his house, which is fine. I currently moved back in with my parents and rent my own flat as at the time I was living with my partner as needed someone in my flat at the time. The question is, my partner is hoping to pay off his debts by May/June time by which that time he says I can move back in because then he would be ready and admits that he cant exactly marry me or get engaged to me when his finances are like this, which was my point exactly.
I am stuck inbetween moving out of my parents into my flat so I get my independence back or wait until 6 months to move back in with him, I feel in limbo and nowhere structured. My parents are saying dont move back into your flat because I am not gaining anything and my partner says he can rent another room out from his house, move into my flat and give me some money towards my mortgage to help out. Why do I feel frustrated and confused and angry, its like I want things to move forward between us but stuck in a rut….xx
thanks for reading and look forward to your replies

pros and cons of debt consolidation. Is it better to lower my bills and interest rates or pay them off with a lump sum and just have one monthly bill?

I have been told by several people that I had to use settlement money I received to pay my debt consolidation off as soon as possible . Does anyone know if this is true?

We are about $2300.00 in debt with alliance one and i think $900.00 in capitol one. We have a debt consolidation with Federated Financial. But I was thinking that maybe we should just settle with both of the debts ourselves because federated financial charges $29.00 a month and it will take us like 3 years to pay it off, if we go through them. What is the best choice?

My husband and I are trying to straighten out our finances because we have a lot of debt (credit cards mostly) and we want to buy a house. Everyone tells us that getting a a debt consolidation loan will help because we can combine all of our debts into one monthly payment, but we kept getting turned down or offered a low amount because we have too much credit being used. What’s the point of a debt consolidation loan if your too much in debt?

Im clearing UK debts and the money is coming from a remortgage of my wifes house in Rep of Ireland. I will be transferring approx £30,000 into the UK to clear debts. However lots of the debts are less than £4000 and I could pay them of with a couple of installments without raising any eyebrows.
My wife does not want the UK banks etc to start quizing or annoying her about her personal circumstances in Ireland etc.