Debt Consolidation

Custom Search

Debt Consolidation
Debt Relief
Reduce Debt -
Consolidate A Credit
Consider A Program
Debt Consolidation Secured
Debt Consolidator -
Consolidating Debt? 5
Consolidating Multiple Loans
Student Credit Repair
Debt Consolidation Service
Debt Consolidation Services
Debt Consolidation Company
Debt Help -
Reduce Your Debt
Bad Credit Debt
Personal Debt Consolidation
Debt Consolidation -
Deciding To Consolidate
Debt Management Plans
Online Debt Consolidation
Debt Consolidation Help-
Student Loan Consolidation
An Overview of
Debt Counseling
Debt Reduction Program
Design Cheap Debt
Guide to Unsecured
Debt Management Plans
Consolidation Loan Student
Is a Student
Debt Relief --
Debt Management gives
Begin The Debt
Free From Debt
Get Rid of
Beating Debt with
Debt Consolidation
Debt Relief
Debt Consolidation Loans without Owning a Home - Ways to Become Debt Free
by Carrie Reeder
If you own a home, your options for becoming debt free are numerous. In this case, you may obtain a home equity loan, line of credit, or refinance your existing mortgage. All three methods will provide you with the necessary funds to payoff co

If you own a home, your options for becoming debt free are numerous. In this case, you may obtain a home equity loan, line of credit, or refinance your existing mortgage. All three methods will provide you with the necessary funds to payoff consumer debts, and ultimately reach your goal of becoming debt free. Fortunately, non-homeowners also have options for reducing and eliminating debts. Here are a few tips on ways to consolidate debts without owning a home.

Credit Card Balance Transfers

If you do not own a home, but you have good credit, getting a balance transfer may be an effective way to consolidate debts. With this method, you will transfer the balances from high interest credit cards to a low interest credit card.

In some instances, credit card companies offer balance transfers with six months of zero interest. Thus, every monthly payment for six months will go towards reducing the balance. However, if you have a skipped or late payment, the credit card company will begin charging interest before the introductory period has expired.

Personal Debt Consolidation Loans from Credit Unions and Banks

Individuals with a high credit rating may be able to obtain a personal debt consolidation loan through their bank or credit union. Credit unions are better because they offer lower rates. Each bank has different lending requirements. In some cases, you may be able to obtain a no-collateral loan. This generally requires a high credit score and income.

If you do not have good credit, a credit union or bank may approve your loan request if you have collateral. Collateral includes any piece of property of adequate value. In some instances, applicants offer financial institutions vehicle titles.

Non-Profit Consumer Debt Management Programs

If you have exhausted all options for consolidating your debts, contact a non-profit debt management service. Some consumers attempt to negotiate better rates with their creditors. Unfortunately, many do not receive favorable results. Debt management programs can successfully convince creditors to waive late fees, reduce interest, etc. Because these programs are reputable, and the representatives have clout, creditors are more apt to accept negotiated terms.

View our recommended companies for Debt Consolidation Services.

The site is not responsible for any content in it. E-mail: alldir[at]gmx[dot]com
debt consolidation, home loan, mortgage, debt free, debt help, refinance, equity loan, unsecured, secured debt, bankruptcy, credit card , bad credit, payday, cash advance, cash settlement, line of credit, student loan, interest rate, borrow money, car loan, adverse credit, compensation, quote, credit score, consolidate debt Barlow Balance of Utica township Mascotte Lanark town Winfield village (pt.) Stoughton St. Marys Groveland township Round Lake town New Paris borough New Lenox village Cupertino Stratford village Spring Hill township Spang township Bethel town Balance of Liberty township Canyon Coatesville Richmond village Porter town Balance of Ogle County Sand Point Morton township Hillsboro city (pt.) Attleboro Pelham town West Jefferson town Newport town Blacktail township USA UK Australia Canada Egypt Syria Cyprus Cayman Islands Ireland Tunisia Palmyra Atoll Brazil Viet Nam United States Herefordshire Buckinghamshire Radnorshire Caithness Staffordshire Carmarthenshire Dorset Berkshire Pembrokeshire Worcestershire Ohio (OH) West Virginia (WV) Florida (FL) Pennsylvania (PA) Palau (PW) Northern Mariana Islands (MP) South Dakota (SD) District of Columbia (DC) South Dakota (SD) Oklahoma (OK) Oklahoma (OK) Minnesota (MN) Pennsylvania (PA) Arizona (AZ) Maryland (MD) Maine (ME) Virgin Islands (VI) Florida (FL) Arkansas (AR) Colorado (CO)