Monday, July 13, 2009

Consolidate Your Debts

Debt consolidation has become the new talk all over the world. A newly formed credit union somewhere in Kansas City started a Boeing Wichita Credit Union and it has recently launched a new program. The Members of this credit union can take out the loans of from 20% of their monthly income up to $500 dollars at an interest rate of 36 percent a year.
You can note the difference between the various policies and this. This differs from payday loan consolidation companies who usually used to charge an annual interest rate of around 400 percent. USA loan association recently announced that members of the city credit union should undergo a course related to loaning and the credit supplies which usually digs on the union.
They have a wide knowledge on the credit consolidation and payday loan consolidation for a long period and the rate of interest they offer sounds good. You can receive a lot of technical tips from them, Keep copies of all your communication including letters, phone calls notes, etc with your provider for future reference. You should go from smaller debt levels to higher debt levels. Tell them how much you can really pay and never offer to pay more than what you can really pay.

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