I have high income +$400k....i have $100k in credi

I have high income +$400k....i have $100k in credit card debt because of an extenuating circumstance..i want tp borrow $100k and pay it off in 21 months....no one will lend it to me...any ideas?

3 Answers

unless you have the collateral, no one is going to lend you this type of money.   And with this type of debt I do not recommend debt consolidation....they will rape you on the fees.  Start by settling the smallest account and work your way up the debt chain.

 

 

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com/statute-of-limitation.html

$100 is quite a big amount. Achieving a loan depends on a number of factors e.g. income stability, credit score, debt-to-income-ratio etc. Most lenders will not accept loan applications if your credit score is below 500. You may consult with an experienced mortgage broker regarding your problem.


It is clear that you are knee deep in debt. In such a situation, it is advisable to get help of the debt relief programs. These programs can help you repay your debts comfortably. Check out the following link to know about debt relief programs in details:

http://www.debtconsolidationcare.com/debt-relief.html

 

Analyze all the debt relief programs and choose the one which suits you best.


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