Who are the best banks / lenders to go to for 75k debt consolidation loans?

With 150k income, and a 400k mortgage with no equity we want to consolidate 75k in consumer debt. We have a good credit rating, just too much debt. What are our best options and who can we go to for help?

Who are the best banks / lenders to go to for 75k debt consolidation loans?
Generally, the only way any financial institution will do this is with a Home Equity Loan.





Finding a $75k unsecured personal loan would be next to impossible and, if you did, the interest rate may be higher than the credit cards.
Reply:All that does is move the debt around.


Knuckle down with a written budget. You make 150. If you live on 75 you'll have it payed off in a yr.





Check out daveramsey.com and listen to his radio show. He has lots of great advice on money and debt. It doesnt cost a dime to listen.
Reply:Practically any type of loan can be wrapped into the debt consolidation process. Common types include finance charges, late fees and overdraft charges, credit cards, personal loans, utility bills, medical bills, car loans, store cards, gas cards and back taxes. A debt consolidation loan%26lt;!--allows you to condense your monthly payments into a single, simple bill, while lowering your interest rates and helping you pay down your debts more quickly and easily. It is also an essential tool in avoiding the much more serious step of declaring bankruptcy.





http://best-loans.awardspace.com/Loan-Co...





Unlike bankruptcy, in which debts are cancelled and your credit rating collapses completely, debt consolidation loans are essentially a type of refinancing, where several--%26gt;old loans are replaced with a new one that has more favorable terms. Your loan consultant will negotiate with creditors on your behalf, so you’ll no longer have to deal with harassing phone calls and daily mail.