How much does it cost generally to pay a debt consolidation company?
I was wondering how much does it cost to pay a debt consolidation company to help you, because I want to know if it’s worth it. I’m in so much debt making barely and I don’t know what else to do. On payday I usually just have 100-200 dollars to myself because the rest goes to my bills.
Dawn
Is this the fastest and best way possible to establish credit?
(I have 1 year of making my auto loan payments on time.)
1) I plan to take out a $500 secured personal loan from my bank for 6 months.
2) Then go to a different bank with the $500 and take out another secured personal loan from that bank for 6 months.
3) Repeat this once more at a third bank.
4) Establish a $300 security deposit account at my original bank to qualify for a secured credit card.
5) Repeat the process of getting a secured credit card at the next bank.
6) Repeat this once more at the third bank.
7) Obtain 2 more credit cards.
Pay back $500 secured personal loans from my banks in 6 months making all payments on time.
9) Use all 5 credit cards but never charge more than a maximum balance of 9% of the total credit card limit.
10) Pay off the statements as soon as they come and make all payments on time.
According to this FICO score estimator my resulting FICO score would be 740-790 in 1 year.
http://www.bankrate.com/brm/fico/calc.asp
Jo
approximately how long would it take for a mortgage loan to go through?
