With a debt consolidation loan can I include my ca

With a debt consolidation loan can I include my car payment

4 Answers

You can take out a personal loan to pay off your car loan debt.


Car loan in general is a secured debt and so it cannot be included in a debt consolidation loan or program. Debt consolidation or loan consolidation is mainly for the unsecured debts that you have like the personal loans, the credit cards, store cards, payday loans (if any) and so on.


Soaplady is right. Debt management program is applicable only for the unsecured debt, not for the secured one. Car loan is a secured debt, so you can’t include car payment in a debt management program.


Are you getting an actual consolidation loan or are you looking a a debt management program?

You cannot include a car payment in a debt management program.

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

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