goingunder Posted October 6, 2004 Report Share Posted October 6, 2004 I could somehow get some sort of credit card or loan to cover all the debt I have. All the debt is in collections/charged off - so my CR is horrible and the scores are mid-500's. There is no way I can pay them all off anytime soon, but thought if they were all lumped into one - then I would only have one payment - does anyone do debt consolidation is your credit is sh!t.... again, the catch 22. My voluntary repo 2 years ago with a balance of $14,881 (risking a judgement) is really killing me. I'm afraid of judgement or wage attachment. I'd rather try to take care of this on my own - but they won't consider monthly payments on the account right now. I'm still trying for that too... sending my letters out to them. It's with PNC Bank. Link to comment Share on other sites More sharing options...
anti-something Posted October 6, 2004 Report Share Posted October 6, 2004 i'm sure you could get a consolidation loan, but due to the reason you need it, having bad credit, repo, etc, you are going to be walking into loan shark territory, you wont get the best deal.so if you do find someone willing to give you a loan, make sure you read that fine print real well! last thing you want or need right now is more bad debt. tread carefully. Link to comment Share on other sites More sharing options...
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