Should I enroll into DMP or take out a loan to pay off debt in Marina, California?
Date: Thu, 08/08/2013 - 22:30
Should I enroll into DMP or take out a loan to pay off debt in Marina, California?
I have a 3 credit cards, 2 departmental store credit cards, a personal loan. I have taken out the personal loan from a credit union in Marina, California. I want to pay off these loans as soon as possible. Should I take out a debt consolidation loan? Will I benefit more by enrolling into a debt management program?
A debt management program
A debt management program will tank your score and your credit union probably wont agree to it. How much do you owe?? Most banks are not lending much over $5000 unsecured.
How much do you owe in total?
How much do you owe in total? Unsecured debt consolidation loans carry high interest rates.
Look at this comparison chart once:
http://www.debtconsolidationcare.com/debt-relief/comparison.html
