skip to content »

Low interest debt consolidating financing

low interest debt consolidating financing-83

The store that he works for sells diving gear which he is very much interested in.He spent approximately $10,000 on a variety of diving gear plus other items and charged the entire amount to his credit card.

His company closed for 2 weeks and he was laid off for that period.They do not have any defaults on any payments and they are virtually debt free with the exception of this credit card balance.Their car is fully paid for and they pay their rent in advance and all of their utilities are up to date. His wife who has a part time job now plans to go back to working full time to make extra money.Fortunately, they had some savings, but the operation ate up all of their savings and then some.They had to also charge some of these expenses to their credit card and now owe a total of $10000 which is due next week.This applicant needs to be approved for a $10,000 loan.

As this writer mentions in his application, life throws curve balls at us and we have to be ready.

I wish all lenders were honest, but it’s just not the case.

Loan sharks are lurking in the shallow waters of the Internet. This will be an ongoing project as we have to cover every State in the Country.

In his family’s case they were doing everything right.

They were both working, keeping their costs down and setting aside money for emergencies.

These things usually come in threes, so let’s hope they have no other major expenses. Help getting your financial house in order and avoiding predatory lenders.