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Options for debt consolidation

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Joined: 05 Apr 2010
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Options for debt consolidation [#permalink] New post 27 May 2011, 06:24
I am looking for a debt consolidation loan for consumer debt. I lived like a rockstar when I was in graduate school and didn't want to hold off my career because of debt. My credit score is high but I am "highly leveraged" so would like some suggestions/advice from the community about debt in graduate school and debt consolidation loans.
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Re: Options for debt consolidation [#permalink] New post 27 May 2011, 12:05
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Is your high leverage from student loans or credit cards? The specific options available to you are going to depend on which country you're in, but in the US at least there are plenty of opportunities to consolidate student loans. Credit cards and other personal debt is a little harder to consolidate (unsecured lines of credit are hard to come by and carry pretty high interest rates, so many people resort to using a home equity loan to pay off multiple credit cards), but if you've been a good customer, paid on time, good credit, you can usually get the lender to knock a few points off the interest rate if you ask nicely.
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Re: Options for debt consolidation   [#permalink] 27 May 2011, 12:05
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Options for debt consolidation

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