Can a person have more than just one loan?
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doug
Apprentice
Joined: 25 Apr 2006
Posts: 7
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 Posted: 10/18/07 - 08:51 Post subject: |
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I'm in a serious financial situation and asking for help. My debt is not what I expected, it turned out bigger and I'm considering some options. Can a person have more then one loan? Is there another way to deal with debt? Just trying to find a way through the rough times! Any suggestion is helpful!
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frayda
Apprentice
Joined: 05 Oct 2005
Posts: 4
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| Posted: 11/08/07 - 03:33 Post subject: |
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| Many people are in a similar situation, letting themselves to make a deal which turned out bad. I'm sure that the current situation will be a lesson to you. Getting another loan is possible if you qualify, depending on a sum you would ask. Having a loan on your back already is not going to help you, just the opposite. My advice is to concern other options, not just getting another loan to increase a debt. Instead of a loan my recommendation will be a credit card. Getting a new credit card or a loan will not solve your problem, but it will move your debt from one month to another. It's not a revolutionary advice but if you would recently finish with the previous loan then it will help you put your ends together. It would a good thing to put your finance on the paper: income and all expenses including food, petrol etc. Then you will have a full review of your money so maybe you can restrict some costs. Consulting an adviser is always a good idea, even with a lack of money it would probably be worth every penny. Good luck, let's hope this situation is temporary. |
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