Can I consolidate fairly new personal finance company accounts?

personal finance
ginger_l4 asked:


I have a lot (shamefully so) of personal finance loans. Is there any way (since I did put up houshold items for colateral) that I can go through a company to consolidate these, something other than a bank that is here in the USA? Please no UK….those are scams I’m afraid.

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2 comments to Can I consolidate fairly new personal finance company accounts?

  • jwishz

    Household items like TV’s, refrigerator, microwave???
    No one will do that. These have little value, and sold at auction in case of a default, even less, sorry

  • sunnydaywednesday

    I went into consolidation myself — without doing any research whatsoever without knowing what I was getting into. Do a lot of research about how to handle your personal finances before you jump into anything. I was handling my own finances in a trial, error kind of manner — getting credit cards and loans out of a whim — not thinking of what I was doing, really. In my research I stumbled upon this book I’m gonna recommend to you, it really enlightened me on a lot of stuff about personal wealth, wealth management, mortgages, and asset management. It’s Stop Sitting on Your Assets by Marian Snow — it’s highly recommended reading. You might wanna go through the dummies series too and see what you can find.

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