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Hello everyone! First time poster here.

I'll explain my situation as succinctly as possible.

I worked in a well paying hourly job as a supervisor for 5 years before losing my job. During the time that I worked there, I had acquired a few personal loans for my wedding, honeymoon, and then for a vacation I took a couple of years ago.

After being unemployed for two months at the beginning of the year, I found another job, though it is a much lower wage, and on top of that we are paid at the end of each week, meaning smaller checks and more planning needed.

The loans I have to pay come to a grand total of ~$9200 and the way things are, I am finding my self over-drafting my account just from paying my minimums on my loans.

So I ask if it would be worthwhile to try and consolidate my loans through one of those third-party companies, or is it just another way to take advantage of people already struggling with debt? While it hurt or help my credit to keep paying them separately versus a debt consolidator?

Thank you for reading!



Submitted August 07, 2017 at 08:24AM by AugerTutto http://ift.tt/2flFHyh

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