Question by Jennifer: Is there a company that will help consolidate my “SECURED” loans?
I have 2 car loans ($ 60,000), 1 boat loan ($ 16,000) and 4 credit cards ($ 1,500). I want to consolidate them into 1 monthly payment. Is there a company that will help with it? Or what about a bank that will pay them all off and allow me to pay back just 1 loan. The thing is I have a credit score lower then 520 and some of my payments have been late. PLEASE HELP!!!!!!!
We are running out of options!
Best answer:
Answer by pm_arrow
This seems a very doggy situation.
At this moment I think you need to first improve your payment history and then you can expect a bit less worst credit score. After that you can walk into any bank and you will be invited as you are a good business for them. But the most likely success place is the place where you owe the most and you pay last – in this case I think the finance company that provides you the car loan is more likely to consolidate your borrowings. Cheers 
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What do you think? Answer below!
