JamesV Posted May 23, 2017 Share Posted May 23, 2017 Hello everyone, im brand new and have a quick question. I've been going thru a custody battle that lasted several years about $500,000.00. I won and every dime was well worth it. However, I've robber Peter to pay Marry and have accumulated $185,000.00 in debt. I'm overwhelmed with bills and can barely survive now. I've contemplated filing bankruptcy but I make too much and only can reduce the debt. I've looked into destroying my credit and starting over with a loan consolidation type program that will end up killing my cedit. I was in the 700's and now around 640 for my credit. I make over $100,000/year and really just need all my bills into one bucket for a 10 year program. Anyone know where I can get a 10/15 year loan for $185,000.00? Link to comment Share on other sites More sharing options...
Jim K Global Moderator Posted May 23, 2017 Global Moderator Share Posted May 23, 2017 Welcome to Neowin Regarding your question ... you'll have to shop around with banks and see if you can get a loan. It may be high interest ... but such is life for low credit scores. Link to comment Share on other sites More sharing options...
xendrome Posted May 23, 2017 Share Posted May 23, 2017 640 isn't a "bad" credit score.. but you need to rent some place and worry about getting your debt down first.. Link to comment Share on other sites More sharing options...
Skiver Veteran Posted May 24, 2017 Veteran Share Posted May 24, 2017 Neowin is probably not the best place for financial advice. I'd suggest maybe looking at https://www.reddit.com/r/FinancialPlanning/ the guys over here seem to be pretty good at helping people in this type of scenario. +John. 1 Share Link to comment Share on other sites More sharing options...
JamesV Posted May 24, 2017 Author Share Posted May 24, 2017 Thanks. The good old thing is I own and have a car. I just need a little help before I sink. Link to comment Share on other sites More sharing options...
Jason S. Global Moderator Posted May 24, 2017 Global Moderator Share Posted May 24, 2017 i've seen commercials for companies that help w/ debt consolidation. i dont know anything about them, though. im assuming that you have other debt, though - why not just chip away at the debt like a mortgage? Link to comment Share on other sites More sharing options...
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