How can I do debt consolidation if I just lost my job and do not own a home?

by timowri March 6th, 2010. Filed under: Personal Finance.

Jones asked:


I just recently lost my job and I am living with my parents. I want to combine two credit cards, student loan and two car payments.

Is there a way that I can apply and get approved for consolidating my debt if I have nothing in my possession for collateral?

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10 Responses to How can I do debt consolidation if I just lost my job and do not own a home?

  1. seekn2know

    Caffeinated Content – Members-Only Content for WordPress

    Do you have unemployment coming in? To get a bank loan you have to have at least a minimum of $1,000.00 income per month.

    If you get unemployment checks you might be able to get an unsecured loan but the rates are higher on an unsecured loan.

  2. Julius

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    A government approved and certified lending company.This company do offer loan ranging from personal to industrial loans to interested persons or companies who are seeking financial aid at a negotiable interest rates sometimes as low as 3%.Why should you die in silence when you have an opportunity to clear your dept,start or boost your business with a loan from our company.for further detail u can contact this reliable loan company which is tested and prove qualified it is called

  3. stainless

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  4. Helen Peterson

    Kansieo.com

    Hello,

    I live in the US and i really have never seen goodness shown to me this
    much in my life as i am a struggling mum with three kids and i have been going
    through really rough times in my life and my name is Helen
    Peters and in all this hard times, a worse incident occured in my life as i
    lost my job which was my only means of survival and things became really bad as
    i had bills to pay and my last son suffered a knee injury incurred when he fell
    from a tree house and the doctors informed me that he needed a surgical
    operation for his knee so he could walk again and at this point, life was
    useless to me as i have no family and no one to run to and each night, i will
    sit down and cry till the break of dun until one day, i read an advert on yahoo
    answers of man that stated that he could help people in my shoes with loans and
    in my desperate situation, i had no choice but i had to try and so shocking and
    suprising, it was like an impossibility becoming a reality, i got a loan of
    $75,000 USD even with my bad credit within 48 hours and my sons surgery was done
    and thank GOD it was successful and now, i am okay and living in comfort with my
    kids and i said to my self, i have never ever seen this kind of wonder in life
    and i decided i will tell it to the whole wild world and i need every one to
    thank GOD for Mr Patrick Harvey, the man GOD used to rescue me and my family
    even when all hope had been lost and gone and i will say to every one, no matter
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    legitimately, i will advice you contact this loan lender and you can reach him
    via and i want you all to pray for this man for me.

  5. Harry White

    Kansieo.com

    Hello Everybody,
    my name is Harry White after i got scammed three times.A friend then introduced me to Michael Dawson a chattered accountant who owns a lending firm.He gave me a loan of $15,000 with a reasonable terms and condition.Immediately I paid my transfer and insurance fees the loan got to my account after 48hrs.
    You can contact him at. He loans at a maximum interest rate of 2% and a duration of 10yrs.I assure you he is legit.

  6. Kelly Williams

    Caffeinated Content – Members-Only Content for WordPress

    I am Kelly Williams and i saw your question about needing a loan,In the internet they are a lot of scams out there.I decided to answer your question to prevent you being scammed. I got a loan of $200,000 from an agency online and i was lucky not be scammed. Contact them at interest rate of .2% is simply great.they use a yahoo email account on our request because its makes contacting them easier

  7. John Luggard

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    Hello Everybody,
    My name is John Luggard,three months ago after I got scammed by one Mr.Robinson I was introduced to Sir Dereck Moore who gave me a loan of $15,000 with a interest rate of 2% with a duration of 5yrs.
    For this good he did for me i have decided to bring him more customers that are legit and will pay him back his money during repayment period.Contact him at and get your loan within 2-3days

  8. James

    Website content

    Hello I am Owen Stack CEO Stack Loan Firm,i am Legitimate and Reputable money Lender. We give out loans to individuals and company that need financial assistance.We also loan funds out to individuals that have a bad credit or in need of money to pay off bills,to invest on business. I want to use this medium to inform you that we render reliable and beneficiary assistance, as I’ll be glad to offer you a loan, with low interest. Services Rendered include,
    *Debt Consolidation
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    Please write back if interested.
    Upon Response, you’ll be mailed a Loan application form to fill. (No social
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    Contact mail……… Mr Gail Thomas MD

    if interested, please get back to us immediately.

  9. Chaim

    Caffeinated Content – Members-Only Content for WordPress

    I was doing hard work of finding home based jobs. Luckily I found this website: They gave me list of top companies. I clicked and find many jobs. Did one job and received my pay yesterday. Best place for home based jobs.

  10. sburtonhome

    student loan consolidation

    First, let me start by saying NEVER borrow money from someone offering to loan you money via an offer on Yahoo answers. Most are scammers, with lousy English, looking to take advantage of someone already in a tough spot.

    Now to your question, you will not find a debt consolidation loan that will do what you want without collateral. But that doesn’t mean there aren’t other options. Depending on your situation you could consider debt settlement, bankruptcy, or consumer credit counseling. I would guess consumer counseling (CCCS) would be your best option (Note: I do not offer CCCS and thus have no incentive to make this recommendation).

    Consumer Counseling agencies help you negotiate the terms of your debt to allow you to continue to pay your bills. Typically your creditors will lower interest rates and adjust terms to help you pay. Contact the Red Cross near you and ask for helping finding a respected non-profit Consumer Counseling agency.

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