When the real estate business fell completely out and we had 3 flip homes that were just sitting there and eating up all our capital we had worked so hard to earn, we had to figure out how to pay the bills.
We called the banks, credit card companies and worked with them until we were able to sell the flip homes and get ourselves back on track. I think by getting help very early, we were able to stop the high interest on our credit cards and wait for the market to ease off.
We are still not completely out of the red, but are slowly seeing the light at the end of the tunnel. One of the things we looked into was to use a personal loan for our bills. After doing a little research, this would have been great for our credit cards we used to buy supplies for the flip homes. One bill, one payment, less interest and a lot less worry on our part.
Debt Consolidation can help you reduce balances, avoid bankruptcy and be debt free in as little at 12 months!Â Bad credit.Â No worries.Â A poor credit personal loan is for you.