Question by : i need a personal loan and debt consolidation, my credit score is fair..what can i do?
i need a loan of possibly about $ 10,000 for emergency expenses… i also already have about a $ 9600 loan, credit card debt of about $ 6000 and an auto loan for $ 30000. my credit score is fair, mid 600′s… what can i do? do i have any options?

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Article by Johns Tiel

If in times of need of big amounts of money you are ready to pledge collateral with the lender and are ready to utilize the equity vested in your home, you can easily get money for your needs. With Home Equity Loans, the money from your home’s equity is in your hands and you can borrow it and use it as you like.

We build assets by saving money all our lives and compromising with our desires and luxuries. We do this so that these assets, like our home can provide us a support as a shelter and also in times when we are facing a need of money. We can utilize the equity that the home holds in the market and borrow money to fulfill our needs like debt consolidation, home improvement, car purchase, vacation trips, wedding expenses, educational funding etc.

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Article by Amanda Hash

Few circumstances in life are more stressful or nerve-racking as being faced with a huge, nearly insurmountable pile of debt when your income has declined and you need a way out of the mess that your finances have become. More and more families and individuals are discovering that it is a huge task to make ends meet for basic purchases and monthly bills while attempting to meet the monthly financial obligations that they have agreed to. Debt consolidation is one option that people in financial straits to consider as an alternative to bankruptcy.

Debt Consolidation Not For Every Borrower

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Article by Jiles Masson

Consolidating your credit cards is one of the best options available for people who want to get themselves out of their debt. You need to do this in order to have any shot of getting credit in the future. The need to consolidate debt has never been greater than now because of the stress that is associated with having piles of credit cards debts.

There are actually several reasons why you should opt for consolidation. In general, the primary reason for debt consolidation is to qualify for better rates. By consolidating all your debts into one monthly payment, you can save a considerable amount of money. Compare all the interest rates on each of your card and list them down.

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50 Ways to Protect Your Identity and Your Credit: Everything You Need to Know About Identity Theft, Credit Cards, Credit Repair, and Credit Reports

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The Credit Repair Handbook: Everything You Need to Know to Maintain, Rebuild, and Protect Your Credit

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When you consolidate credit card debt, you are allowed to pay your debt obligations in a shorter time period with lower monthly rates. There are many types of debt consolidation plans that you can follow in order to pay your debts in a time frame of 3 to 7 years. Yet, you have to choose the best and most effective plan suited to your financial position as of the moment.

Here’s what you need to know when you’re planning to consolidate your credit card debt:

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Life as a debtor may be accompanied by feelings of misery and hopelessness. However, there are things which you may do to break free of the bonds. It is possible to consolidate credit card debt, but you must demonstrate your desire and dedication to a plan of wiping out those unwelcome debts.

Consolidating credit cards may ease the stress of your life as you are able to methodically pay down your debt, making your situation more conducive to settlement. Dealing with the payments of several accounts concurrently can be hard to keep up with and result in quite a headache. But if you will prioritize and sort the cards by their interest rates, you should be able to get out from under your debt.

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