Refinancing Master

Good news is I make 60 grand a year. Up to 65 grand if I get a lot of overtime.

Bad news is I had to take out a lot of loans to get there.

140,000 dollars in private student loan debt.
70,000 dollars in federal student loan debt.
35,000 dollars in credit card debt.

Altogether they want about 2800 a month, which is about 70 percent of my take home pay. I convinced my student loan company to let me pay back the loans over a longer period on a graduated scale and got the payments reduced a little so now I’m only paying 2100 dollars a month on all of my debt. But that’s still over half of what I make and I can barely live a normal life.

What should I do? No one will refinance me at a lower rate because I’m such a high risk option with all of this debt. But I’ve heard that a bankruptcy court will crucify me because I make too much money, even though I’m barely scraping by because of all the payments. Help!

Our home is worth about $110,000. Can we refinance with another bank or how is the best way to go with this. We currently pay prime lending rate and are not locked in. We have a flex rate. What should we do?

I have a $530,000 all-interest mortgage loan. I am interested in refinancing soon, (if it is a good time to do so?) Should I refinance and add my $15,000 of personal debt to my new loan? Or should I get a personal loan for $15,000 from my bank?

My gut answer to this is no. I tend to think that a refi on my home mortgage for 30 years to consolidate a 4 -5 year auto loan only extends my payments and in another 5 years or so I will have to get another auto. Would a 2nd mtg or line of credit for the auto loan be wiser?

i cant us my car cause thats refinanced, went to 2 banks couldnt do it there cause of too much unsecured money. i have 2 cards that i want consolidated but i really want to stay away from credit cards!

dont send me answer’s that try to sell me a product just want some advise!

Without refinancing a home, what’s the best way consolidate and pay off credit card debt?

Consider this:
1. I have $30k in credit card debt.
2. I have a 1st mortgage for $200k (4%) and a Home Equity line of $170k (at prime rate) with no additional credit available.
3. I am buying another house at the end of April.

Would I be better off refinancing my Home Equity and Credit Cards into a new Home Equity loan, or just stick with it as is?

I have heard that I may be able to get better rates on my loan for my new house if I refinance. Could this be true?

Thoughts? Opinions? Alternatives?

Where do I go to consolidate 2 credit cards? A bank, internet,credit union? or someplace else…. Which is best?
I would like to keep one credit card active for making airline and hotel reservations. Can this also be done with consolidation?
D/morgan… Thanks for your answer…Liz

I have mortgage payment, two car payments and student loan. I don’t know anything about refinancing and I was wondering if I should consolidate my mortgage, two car payments and student loan.
I still have 4 more years for my cars and $50000 of student loan.

We have not so good credit and want to refinance our home loan to consolidate our auto loans into our mortgage . is this a bad idea?

And if you had, did the mortgage people had to issue themselves the checks to the credit cards or you did?

Thanks.