Unsecured debt
Date: Sat, 04/23/2005 - 19:56
Unsecured debt
Basically i found out that some debt consolidation companies only cover unsecured debt(your credit cards, utility bills, etc- NOT your auto loans). Is it that way for every debt consolidation companies? Isnt there some place where they pay for your auto loans as well?
Hi bohwa012 Basically most debt consolidation companies don't
Hi bohwa012
Basically most debt consolidation companies don't cover the auto loans. But I recollect from your previous post that you have some credit card debts too. You can put that in the program and regarding auto loans, you can pay that with the remains of your monthly income. But there is something that I will suggest you in this case. Don't take any other loan to pay your auto loan as that won't be a wise move. It will be something like chasing a moving target.
Keep in touch and share your thoughts
Roxette
