Comments on: Checking Balanced… So What? http://debtsucksblog.com/2008/06/14/checking-balanced-so-what/ I WILL be debt free by May 2014! Thu, 29 Jul 2010 17:16:01 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: renee http://debtsucksblog.com/2008/06/14/checking-balanced-so-what/#comment-286 renee Wed, 18 Jun 2008 16:18:42 +0000 http://debtsucksblog.com/?p=122#comment-286 I mentioned a link to Dave Ramsey on your post after this one, I think. But I also want to add this information. Dave Ramsey is totally against debt in all forms, and debt consolidation because it makes the situation worse if you don't learn how to handle debt, but the fact that your scooter is in your mom's name is similar to my situation. My dad was a cosigner on my car loan. I went to Citifinancial and consolidated my car loan and two credit card loans into one payment, using the car as collateral. The interest rate is high (18%), but I considered it worth it because this took my dad's name off the car as being responsible for payments if I didn't make one. That was a relief to me. The dealership still sends tune up notices and stuff in his name, but I can live with that. Also, you may want to look into a prepaid cell phone for yourself, so that doesn't keep hanging over your head. I mentioned a link to Dave Ramsey on your post after this one, I think.

But I also want to add this information. Dave Ramsey is totally against debt in all forms, and debt consolidation because it makes the situation worse if you don’t learn how to handle debt, but the fact that your scooter is in your mom’s name is similar to my situation.

My dad was a cosigner on my car loan. I went to Citifinancial and consolidated my car loan and two credit card loans into one payment, using the car as collateral.

The interest rate is high (18%), but I considered it worth it because this took my dad’s name off the car as being responsible for payments if I didn’t make one. That was a relief to me. The dealership still sends tune up notices and stuff in his name, but I can live with that.

Also, you may want to look into a prepaid cell phone for yourself, so that doesn’t keep hanging over your head.

]]> By: the1chery http://debtsucksblog.com/2008/06/14/checking-balanced-so-what/#comment-282 the1chery Mon, 16 Jun 2008 16:09:24 +0000 http://debtsucksblog.com/?p=122#comment-282 wow. the last two posts were really heavy. when i read them my first thought was i want to help! but of course theres nothing i can do. im not even sure what to say. does it help to know that someone understands how you feel? probably not. unfortunately its all i have to give. just keep on keeping on jake, this too will pass. wow. the last two posts were really heavy. when i read them my first thought was i want to help! but of course theres nothing i can do. im not even sure what to say. does it help to know that someone understands how you feel? probably not. unfortunately its all i have to give. just keep on keeping on jake, this too will pass.

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