Bad Credit Consolidation Loan

Posts Tagged ‘God’

Free at last asked:


Back Ground: She is 25 years old and got married two years ago. We put her through school paid 100% of their wedding and even gave them as a wedding present of 2 weeks in Hawaii for a wedding present. I like her husband kinda he always has a few smart things to say to us…on their wedding night he told me (while driving to them to the airport) that he wouldn’t be making the mistakes I made in life…I still don’t know what mistakes he is talking about to this day. But over all we have a good relationship with the both of them…and I love my daughter very, very, much!

The Problem:

They both work, my daughter in the medical field…but 5 Months ago her husband got a DUI and can’t work in his chosen field and has been forced to take a very low-paying job part-time (25-30 hrs a week). In reality their income has been cut by 60%.

Their Situation: They are expecting a baby in January ‘09, they came over last night and laid-out the situation. They are 3 Months behind on the house payment, 19K in credit card debt and getting deeper every Month, electric, phone, water all are past due, two car payments that are two months behind….around $1200 to bring them up to date.

Possible solutions:

(A) Ignore them and say………good luck kids!

(B) Make them a loan of $35K with a strick re-payment plan.

(C) Just give them the $35K-$40K and say….we love you and God Bless!

What would you vote for A, B or plan C

(Note:) My wife is 100% in favor of just giving them whatever they need to take the heat off of them….and NO pay-back. I’m on the fence, I’m am leaning torward just giving them the money.

We can very easily afford this….we wouldn’t even feel or miss the 40K that is not an issue.

thanks for your advice

debt solutions

cja1975a asked:


We bought a car in September of 2005, and we have a god aweful 22.75% interest rate.
it was a 60 month loan
We currently owe about 7700.00 on the loan

We have sold our house, and im in a position to just pay it off.

Can I haggle down to not pay so much of their interest, or what?

or shoudl i just sock the money aside (we are terrible savers) and auto pay the payments each month, to rebuild our bad credit

Im not sure, but it seems like if i dont just pay it off, im paying them a lot of unnecessary interest

Thanx

bad credit car loan

M@r1ey asked:


It’s really killing me I work all day come home to 5 kids whom I raise alone child support for one wow, i basically do it by myself, and god help me it’s the hardest thing i do, but I do it, I stress everyday struggling to get by. I get paid every two weeks, I’m in debt because of the cost of living and I get can’t get out living costs more than I make and I refuse to go back to the ghetto and I’m not even fully out. I just want to be able to get by not stress over paying this and paying that bills galore I can’t afford to live anymore what do I do? Solutions no criticism please thank you much.

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