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  #1  
Old 09-04-2007, 04:28 PM
AggroFish AggroFish is offline
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Join Date: Oct 2005
Location: Newport Beach
Posts: 606
Default Re: dept consolidation...

You can always do a forbearance(sp?) on the student loans. All the debt consolidation companies I know of have you cancel out the credit cards and make payment arrangements with your creditors. You can keep your cards open and do the same thing.

Although rates are not the greatest right now, you may want to consider doing a HELOC and compare what the payments would be on that versus what you are paying on the CC debt currently. This is of course assuming you have equity. You can always consolidate the mortgages down the road when your situation warrants.
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  #2  
Old 09-04-2007, 06:51 PM
superadvisor superadvisor is offline
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Join Date: Dec 2006
Posts: 516
Default Re: dept consolidation...

[ QUOTE ]
Although rates are not the greatest right now, you may want to consider doing a HELOC and compare what the payments would be on that versus what you are paying on the CC debt currently. This is of course assuming you have equity. You can always consolidate the mortgages down the road when your situation warrants.

[/ QUOTE ]

Hey aggro, He says he doesn't own a house.
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  #3  
Old 09-04-2007, 08:42 PM
AggroFish AggroFish is offline
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Join Date: Oct 2005
Location: Newport Beach
Posts: 606
Default Re: dept consolidation...

"...and buying a home in a months time." My bad, first time I read this it appeared past tense.
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