hjm331

bump

Yeah, Chase is the devil. I've never liked that bank. My Chase card used to be a WaMu card and then it got converted into a Chase card after the buyout.

Balances owed. They're all maxed out.

Citi $2,000 - 0% interest until August 2013 Chase $2,000 - 23% interest rate Cap 1 $4,500 - 13.75% interest rate UMB Bank $4,500 - 11% interest rate Gross monthly income = $1,200

I have about $13,000 in revolving debt and $8,000 in cash. I'm currently paying about $1,500/year in interest. Sure, I can use the $8,000 to pay off most of the debt but I want to keep it liquid and get a debt consolidation loan. How should I go about this? Should I apply for a debt consolidation at a CU and tell them that I have $,8,000 in cash that I'd like to keep liquid?

Congrats! Any CLI nowadays is a good one.

Do you have any other credit cards with balances? Are you paying more than minimum due payments on those cards? If so, I suggest that you pay the minimum payments on those cards (if any) and pay off the Chase balance as you can.

ttt

I sold the truck and paid off the loan. I got into debt after I paid off the car loan but I know there's no way of a LO to know that. Would my $1,100 income be sufficient for a $9,000 debt consolidation loan? ETA: My FICO's would be in the 700's if I got approved for a consolidation loan because the debt would be appear in the form of an installation loan rather than revolving debt. I'm not eligible to join NFCU but I am a member of PenFed and was thinking of applying for one of their loans. Thoughts?

I've had my current job for about 5 months, work part-time, live with my parents (don't pay rent) and my FICO's are in the higher mid 600's. My car loan was for $33,000.

Not sure if I'm posting this in the right forum or not but I want to apply for a debt consolidation loan at a local CU (Lockheed FCU) and not sure what my chances are of getting approved. I need a $9,000 loan at a 48 month term. I have two cards that a $4,500 balance each and have two other cards with balances. One is my Chase card with a $28 balance and the other is my Citibank card at $200. I have a provable income of $1,100 a month. I have 3.5 years of total credit history (21 yrs old) with a paid off car loan and no late payments whatsoever. I have excellent credit minus the debt. I would really appreciate the inputs. Thanks.

Not sure if I'm posting this in the right forum or not but I want to apply for a debt consolidation loan at a local CU (Lockheed FCU) and not sure what my chances are of getting approved. I need a $9,000 loan at a 48 month term. I have two cards that a $4,500 balance each and have two other cards with balances. One is my Chase card with a $28 balance and the other is my Citibank card at $200. I have a provable income of $1,100 a month. I have 3.5 years of total credit history (21 yrs old) with a paid off car loan and no late payments whatsoever. I have excellent credit minus the debt. I would really appreciate the inputs. Thanks.

Thanks.

Go for it if you are at 15K or under. Go for the cli if you get the form and you're under 15K or go for the cli by calling the 800 number if you're under 15K? I'm currently at $15,500 with them. I called today for a different reason and the CSR offered me a hard free CLI of a whole 1K. Of course I took it but it was worth a chuckle from both of us. I would not fill out the form myself. Did you call the number on the back of your card?

Has anyone been getting the form when they click the luv button? Mine showed up this month and wasn't there for the past few months.