Comments for The Finance Deal

Comment on Anybody know where to get a consolidation loan if your credit score is low? by See Saw

See Saw — Tue, 30 Mar 2010 20:19:03 +0000

A debt consolidation loan or debt loan is a method to repay all debts incurred by overuse of credit cards, overdrafts, personal loans, store cards, or any other unpaid bill and allows you to make a single monthly payment. It is a viable alternative to bankruptcy and is an excellent method of bettering your payment history, leading you to a debt free future. The reason to choose the debt consolidation loan is pay lower rate of interest. Paying only one creditor is much more convenient. You can pay your creditors on time and prevent them from threatening you.

Comment on What exactly happens to your credit if you do debt consolidation? by Slimick

Slimick — Tue, 30 Mar 2010 09:25:11 +0000

Be careful! I do not recommend debt settlement/debt consolidators as I’ve heard too many horror stories. They can’t do anything that you can’t do yourself….If you are really behind on your payments, you may be able to settle your accounts for less than the full amount. If you aren’t behind and you use on of these firms….they will deliberately NOT pay on your account so they will default. This puts you in a position where settlement can be made. Bottom line: If you’re already defaulting/late on your cards….you can attempt to negotiate a settlement yourself….If you are NOT behind on your payments and you use one of these debt settlement firms…they will WRECK your credit by not paying in order to attempt to negotiate….You will pay dearly for this debt settlement with ruined credit. It’s not worth it.

Comment on What is the general financial cost of a christian missionary program? by Anthony

Anthony — Tue, 30 Mar 2010 03:10:38 +0000

The air fair out there and back, and their salary whilst they are out there. Typically they will go to work in a school, a hospital, or a children’s home. In other words, the facilities they need will already be in place. The days are passed when they would actually need to build the schools or hospitals.

Comment on Anybody know where to get a consolidation loan if your credit score is low? by ireenie08

ireenie08 — Tue, 30 Mar 2010 02:42:35 +0000

This site has some helpful information about bad credit loans. Good luck!

Comment on What exactly happens to your credit if you do debt consolidation? by Sgt Big Red

Sgt Big Red — Mon, 29 Mar 2010 07:04:04 +0000

Debt consolidation simply put means you are borrowing money to pay back a bunch of small loans. While it clears outstanding debts you are still in the same place, owing money.
What’s more, the costs of consolidation loans can add up. In addition to interest on the loans, you may have to pay “points,” with one point equal to one percent of the amount you borrow. Still, these loans may provide certain tax advantages that are not available with other kinds of credit.

If you want to stop the hounding and try and improve your financial standing, then the FTC recommends you do a debt counseling program.

I think this also works in Canada (hey)

Comment on What is the general financial cost of a christian missionary program? by ruth

ruth — Sun, 28 Mar 2010 03:35:53 +0000

Contact some missions and ask them. If you have to keep posting here, it is because no one here knows.

Comment on What exactly happens to your credit if you do debt consolidation? by Butterfly

Butterfly — Sat, 27 Mar 2010 21:17:26 +0000

I went online to look up your question, and here’s what I found….I hope that it helps you out….Best of luck to you!!

Comment on Is it possible to get a consolidation loan with really horrible credit? by Post Collegiate Financial Serv.

Post Collegiate Financial Serv. — Sat, 27 Mar 2010 12:58:33 +0000

As far as your student loans go, you should be able to put them into a deferment or forbearance, so you don’t have to pay right now. As long as you haven’t gone into default on your student loans, you can consolidate those, and lower the payments by 50%, and still qualify for deferment and forbearance. As far as other consolidation with really bad credit, I don’t know. All I can say is be careful.

If you do decide that federal student loan consolidation is in your best interest, let me know.

Comment on Anybody know where to get a consolidation loan if your credit score is low? by Marianne T

Marianne T — Sat, 27 Mar 2010 01:49:05 +0000

You don’t need a consolidation loan. If you get one, you will think you have this problem all fixed. You should cut up your credit cards, then take your smallest bill and pay that, pay the next one off too if you have enough money after sending the rest a minimum payment. Get a part-time job on the weekends if necessary to get this cleaned up. You are wasting so much good hard earned money on interest charges. You could be enjoying yourself on a nice vacation with what you are spending for interest every year. Start attacking those bills today. You will be so proud of yourself.
List them all from smallest to largest. Get going.

Comment on What is the general financial cost of a christian missionary program? by Peachfuzz

Peachfuzz — Fri, 26 Mar 2010 23:07:40 +0000

There are NO set costs!

These are all funded by the orginizations that are asociated with the individual denomination!

MY church helps fund around 30 missionaries around the globe.