CREDIT GURUS, HELP!! : High credit card debt, 700 mid-fico, student, job….debt consolidation?
Here’s my situation: I have 3 maxed out credit cards totaling 35K (all debt to help a friend in need) and 60K of currently deferred grad school payments. I still have excellent/decent credit because my wonderful parents place me as an authorized user for all their cards since I was 10. I can’t thank them enough. Also, never had one delinquent, etc. The 0% on the cards have now expired and in pretty high rates.
I’m a full-time student and work full-time, but can’t show income because only been working two months and it’s a commission-based job. On track right now to make over 120K this year, but can’t work for the next month and need a credit line or free up one of the cards asap.
Can I go all CC debt into one account? What’s the deal with debt consolidation-will it affect my credit score? needed? How about yet another credit card? Any other companies that will see the maxed-out high limit cards and not freak? Any options being a student?
Creativity welcome 
Thanks in advance, Sam
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Tags: credit card, Credit Cards, Credit Cards, credit score, Debt Consolidation, freak, friend in need, full time, grad school, high limit, job, maxed out, parents, school payments, student creativity, thanks in advance, time student, welcome thanksTags: credit card, Credit Cards, credit score, Debt Consolidation, freak, friend in need, full time, grad school, high limit, job, maxed out, parents, school payments, student creativity, thanks in advance, time student, welcome thanks
Hello,
Credit Card Counseling Debt Consolidation
People with excellent credit score, who have a high level of revolving credit debt, can easily get loan at lower interest rates for credit card debt consolidation.
People who have less credit but have equity in homes can choose credit card debt consolidation with home equity debt consolidation loan.
But some people are being really consumed by credit card debt. Such people often live from paycheck to paycheck. Most of these people need help to consolidate credit card debt.
If you are drowning in high interest credit card debt and wish credit card debt consolidation, nothing to worry; credit card debt counseling is most successful and best way of tackling this problem.
If you find any problem regarding credit card debt consolidation, it will be wise to seek debt consolidation counseling.
Be very cautious while deciding upon a company for credit card debt consolidation. Even non-profitable groups can be dishonest. Some of them are just brokers who do very small to eliminate your debt and charge high fees.
You can question to other people who have already gone through debt counseling.
How credit card counseling can be helpful for you?
1. Consolidation counseling will help you negotiating with your creditors to offer you credit card debt consolidation loan at lower interest rates.
2. Right debt consolidation counseling will help you increasing your debt pay off time length.
3. They will help you learn how to be in control of your debt.
4. Counselors will help you know how transferring your balance to zero interest rate credit card is helpful in credit card debt consolidation. Equally vital, you learn how to be in control of your debt rather than allowing it to be in control of you.