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Forum -> Household Management -> Finances
Personal loan to consolidate and lower debt



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amother
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Post Thu, Jun 18 2020, 10:37 am
Anyone have any ideas? We're looking to lower our debt to income ratio to buy a house at some point. BH, we've not had any late payments and can meet monthly obligations, BH, but not much extra to put aside at the moment. A medical situation led to debt a while ago. Paying close to 1k per month in minimum payments... Income of 70K approx. If work opens more consistently in September (school related job), income would hopefully rise. Thinking a personal loan to pay off cards may help lower the interest rate and monthly payment amount?
Any type of information is helpful!
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chocolate moose




 
 
    
 

Post Thu, Jun 18 2020, 4:27 pm
see what the rats are and decide for yourself. you can do it on your own.
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