debt consolidation?
23-Mar-2004, 12:23 AM
#22
Registered User
Join Date: Nov 2003
Location: H-town YOOOO
Posts: 3,079
Consolidation is not a in huge interests....
basically putting your bills together in one, where u realized that u made a big mistake!
no big deal... go ask for one..... depending on your credit status u may need a CO-signer..... if approved... spend wisely... and a quote my dad always tell me....
IF YOU DONT HAVE MONEY.......... DONE BUY NOTHING
basically putting your bills together in one, where u realized that u made a big mistake!
no big deal... go ask for one..... depending on your credit status u may need a CO-signer..... if approved... spend wisely... and a quote my dad always tell me....
IF YOU DONT HAVE MONEY.......... DONE BUY NOTHING
27-Mar-2004, 10:55 AM
#23
Registered User
Join Date: Sep 2003
Location: CFB Petawawa
Posts: 2,207
I know a few people that screwed themselves over consolidation loans. They get the loan to pay there cc off then a couple months later there cc are maxed out again. Now they have to pay the loan payment and the CC payments. Wtf!! (Shakes head.)
If you get a consolidation loan make sure you cut up or at least lock away your CC.
If you get a consolidation loan make sure you cut up or at least lock away your CC.
27-Mar-2004, 11:44 PM
#24
Senior Member
Join Date: Jan 2004
Location: Pickering
Posts: 546
The bank will probably make you cut up your credit card anyway. Mine did, which suited me just fine. Now I have one easy payment for 4 more years that comes out of my hubby's paycheque, and no more worries.
29-Mar-2004, 02:05 PM
#25
Registered User
Join Date: Aug 2002
Location: Etobicoke
Posts: 3,662
Stop spending money on your car if you guys are going in debt as a result. All your car needs is gas and maintenance. No more. No rims.. no CAIs.. No catbacks...
Don't spend money you don't have or you'll regret it.
Don't spend money you don't have or you'll regret it.
29-Mar-2004, 07:04 PM
#27
Senior Member
Join Date: May 2003
Location: Ontario
Posts: 18,367
Spending future money is the most unwise thing you can do. Like many have said, if you can pay it off at the end of the month, or even 2 months later, then you are fine. But if you use your card and just live on minimum payment, you are just digging yourself a bigger hole.
And all banks and credit company love people like you, cause they feed off of your minimum payment and high interest rates.
And all banks and credit company love people like you, cause they feed off of your minimum payment and high interest rates.
Thread
Thread Starter
Forum
Replies
Last Post
