Where can my husband get debt consolidation to pay off credit card debts without collateral?

We went to apply at a credit union and the first time the lady said that we was approved of the amount that we asked for without collateral and that the next day we could fill out the forms and get our loan. The next day we went, it was a totally different woman and story. She told use that we was not approved at all for the amount of the loan that we have asked for but that they colud offer us another amount in which was not enough to pay off one of the four credit cards that we have. It%26#039;s very, very fraustrating because we pay all our bills on time and we do make the mininmum payments on the credit cards which ranges from $50-$100 but that%26#039;s not enough for them. We just want to pay off the credit cards and to build our credit back up again. What can we do? We need some help!!!

Where can my husband get debt consolidation to pay off credit card debts without collateral?tax credit

1. You can try again in a few months after making higher than just minimum payments. Once you pay down some debt, your score may be high enough to qualify.

2. You can make higher than minimum payments for several months, and then contact your credit card companies to request a lower rate. That can help you pay them off even faster, and it may lower your payment slightly if you need a break.

3. You can use the equity in your home to get a home equity loan. This can give you a much lower rate that may also decrease your income tax burden (ask your tax adviser). It does mean that you are securing what was once an unsecured debt with your greatest asset. If you are not a homeowner with equity, then this is not an option.

Where can my husband get debt consolidation to pay off credit card debts without collateral?

loan

You can visit http://www.cashguru.info and find very useful tips and several articles on debt consolidation. Report It

|||your only option is to take out a personal loan, or a home equity loan against your house and use the money to pay off the cards.|||=======================================

Five Things Every Woman Should Know

BEFORE Signing Any Credit Application!

-by Terry Price

(C) Copyright Terry Price

All Rights Reserved

http://gaby1221.niesong.hop.clickbank.ne...

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Have you ever wondered if banks

have a tendency to approve credit cards

and loans for one sex more than the

other? If you are married (or plan to

be) I will share with you five vital

keys every married person should know

before signing any credit application.

VITAL KEY #1: According to the Federal

Equal Credit Opportunity Act (FECOA)

creditors cannot deny consumers access

to credit because of their sex.

However, on average (in surveys) it%26#039;s

reported that women earn less money

than men. Regardless of what the FECOA

states, the relationship of credit to

income is very strong.

In our society if you make less

money you will get less credit, period.

The sad fact is that women on there own

have less access to credit. It%26#039;s for

this reason (I believe) it is

imperative that women learn and acquire

more knowledge about credit than men.

Knowledge is power; and in the world of

credit that knowledge will often times

prove to be priceless, especially for

women.

VITAL KEY #2: If you are a married

woman with JOINT credit (meaning all

your credit accounts are jointly held

with your husband) you have NO CREDIT

yourself. Many women in America find

this out the hard way every year when

they get divorced and lose all their

credit privileges since all their

accounts were jointly held with their

spouse. If you are a woman in this

position you can greatly benefit by

beginning to build your own credit in

your own name starting today! The

benefits are two fold.

1.) If your spouse has financial

difficulties (for any reason) and is

forced to file bankruptcy or their

credit becomes derogatory, you and your

spouse will have your credit in reserve

to survive on.

2.) If you ever get divorced down the

road (over 50% do and 76% in the state

of California) you will NOT end up in

financial hardship due to no credit

and/or derogatory credit. Instead, you

will have your credit to transition to

and (believe me) this can be the

difference between sailing off in the

sunset or drowning in a storm.

VITAL KEY #3: If you are currently

married (with some credit or no credit)

to a spouse who has excellent credit,

you can leverage their credit to build

credit in your own name much faster

than if you had to build it by

yourself. Later, once you have

established enough accounts on your

own, you may choose to cancel accounts

that were held jointly with your spouse.

VITAL KEY #4: If you are a single

woman with excellent credit and are

getting married you may want to think

twice about adding your new lover to

all your credit accounts. If he messes

up or you end up in divorce down the

road your credit will end up taking the

beating (regardless of how many years

you diligently spent building it up).

For this reason, I strongly suggest

married couples keep their credit

separate. Why?

In most cases spouses have far more

to lose than to gain. Naturally, some

credit will have to be joint no matter

what you do. If you purchase a home

(which may require both incomes to

qualify) this will appear as a joint

account on the credit report. However,

the potential abuse with a home

mortgage is almost non existent as

opposed to Credit Cards.

VITAL KEY #5: Spouses have more to

gain by each building strong individual

credit reports rather than joining all

accounts and building one joint report.

For obvious reasons, banks and credit

card companies love the %26quot;credit

ignorance%26quot; of spouses who join all

their credit accounts upon marriage.

Here%26#039;s why: If you take 500,000

couples with credit before they got

married, those 500,000 couples actually

represent one million credit accounts

and liabilities for the banks and

lenders. When those couples got

married, those one million credit

liabilities were instantly were cut in

half from one million to only 500,000.

For banks this is a very advantageous

situation. For the couples getting

married (if they have financial

trouble) the deal is a little raw. If

they have trouble, although they are

two people, they are represented by

only one credit report. The bank now

has the right to go after two different

people for one account (regardless of

who was financially negligent).

For moment, let%26#039;s play out the same

scenario with a couple which is

financially savvy (note: they%26#039;re both

on the same %26quot;team%26quot; but financially

savvy). In this scenario, the couple

gets married, but instead of joining

account each builds their individual

credit reports. Now this couple (team)

has not one credit report representing

them but two. Metaphorically, if the

perfect storm (financially) is to rise,

this is the difference between the

couple being in the ocean with two

ships instead of one. If the one ship

starts to sink, the couple can always

%26quot;jump ship%26quot; to the second.

While some may criticize this

thinking it is no different than buying

any kind of insurance. You buy

insurance not because you plan on a

problem. You buy insurance because you

are thinking ahead. This type of

thinking is no different. However, if

you want to be ahead of the pack that

you need to think ahead of the pack.

I cannot tell you how many times I

have talked to loving married couples

in financial trouble who only WISHED

they would have known about these five

vital keys before they got into

financial trouble. Take them, study

them, apply them to your life. As I

heard one woman put it %26quot;In business and

in life I%26#039;ve learned to expect the best

but plan for the worst%26quot;. I thought her

words were brilliant. However, I have

found that when I expect the best...

many times I tend to get it! Take

these five vital keys. Study them.

Apply them. Then pass them on to

someone else who can benefit from them.

(END)

In a few days we%26#039;ll talk about:

%26quot;Facts You Should Know BEFORE

Using A Credit Repair Company%26quot;

======================================...

Terry Price is the founder of Consumer

Education Group which publishes the

Credit Secrets Bible (in print since

1994).

For more information on the CREDIT

SECRETS BIBLE you may visit:

http://gaby1221.niesong.hop.clickbank.ne...

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