Debt Consolidation Help

Posts Tagged ‘Will’

I am considering looking into debt consolidation. My student loans are being garnished by ed fund from my wages. they have also just taken my Ca state income tax check. If I do debt consolidation, will they be able to stop my wages from being garnished?

Will any debt consolidation company include secured debts like cars and educational loans into the program?

hi,
i have lots of debt which is really drowning me, i have a mortgage of £73000 for my property which is worth £170,00. i want to remortgage and borrow 30k to clear my debt. but because of the debt, my credit rating isnt too great. i want to remortgage with the Abbey Nation which is where i have had my mortgage for 5 years. i have never missed a payment. what do you think my chances are

When you consolidate debt, it shows all old debts as being paid, etc, but the one new debt ratio, which is the amount being owed to the consolidation company will be huge. QUESTION: Does It lower the credit score to have a huge debt ratio like this?
OTHER QUESTION: and you also want to have say, 3 credit cards, (3 of them is the number you want to have a good credit profile, right), then the debt consolidation companies close your credit cards or do they not? How does it work