How Can I Get Debt Consolidation With Hospital Bills And Non Credit Card Debt?
By DerrikKyle on February 12, 2010, 10:48 amMy first suggestion for this would be to talk to the hospital and see if you can work something out.
Believe it or not, I know someone who had a very similar situation once. A friend of mine was a student with no health insurance and started having seizures.
Hector Milla Editor of the “Best Debt Consolidation Services” website — http://www.ReputableDebtConsolidationCompanies.com — pointed out;
“…He had to be hospitalized for a whole slew of tests and start taking medicine. I’m sure that you can imagine what that cost him. However, the hospital administration was extremely understanding and gave my friend a ten year pay plan so that he was able to pay off his debt at the same time as continuing his education…”
So, before you get yourself wrapped up in any consolidation plan, it’s a better idea to see what you can do yourself. It is very likely that the hospital will help you.
Otherwise, if you wish to consolidate, the only thing that you have to do is to find any creditor who is willing to give you a loan. That is what debt consolidation is: another loan that you can use to pay off the rest of your debt, so that you only have a single line of credit open.
In most cases, other than their effect on your credit score, if a creditor is giving you a consolidation loan, they will not care where the debt came from, meaning that it being non credit card debt will not matter.
Consolidators are in it for the same reason as all of us: to make money. And as long as you pay them interest, it doesn’t matter if your debt is from Vegas or the hospital. It’s still all money to them. You just have to be able to pay.
“…Anyway, I think that consolidation would be an excellent idea for you if you are suffering from an excess of hospital bills. You could probably consolidate the mortgage on your house and those bills, maybe even utilities as well, into a single monthly statement that will allow you to continue to live easily. At the same time, it may even raise your credit, which would mean that any future loans you have to get will be at a lower interest rate and allow you to live even more easily…” added H. Milla.
Further information about trusted and reputable companies for debt consolidation by visiting; http://www.ReputableDebtConsolidationCompanies.com
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