When it says "the total of your debt is more than half your income" does it mean Annually??? 2:38
@rodedoggz8 ай бұрын
Yes
@LeoneLaTwerk210 күн бұрын
Yes. So no debt consolidation loans if your debt is more than half of your total expected income . That would be cutting it too close realistically and would need relief option vs this.
@Sbitollywood24 күн бұрын
Beautiful 😊
@RainbowWubstep9 ай бұрын
Do you know one example of a "Lender" that specializes in this?
@callmecaution15 ай бұрын
Your state likely has a relief program. You can Google it
@LeoneLaTwerk210 күн бұрын
Personal experience: Upstart. It is what I use. To consolidate, I took a 5500 loan for 5300 debt. Some of that loan was taken out as the fee. But I knew I could have paid it all within a few checks. The difference after the fee was 500. I paid that the next coming check towards the debt. Compared to the previous my 35 and 30 percent interest, I got a 25 instead on this 1 loan. I was to pay 97 a month for over 60 months but I beefed the payments up to 700 a month. Paid the total in full after a few paychecks and didn't have to pay all the projected interest (no penalty for early pay). Credit score is higher and seeing 1 payment versus 5 was amazing. Debt free in the cards department. Leaves my school loan and I won't have to worry about much else if I keep it up