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 Posted: Fri Aug 05, 2005 1:25 am Subject: Double default loans |
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I have a loan which is in double default. Can I consolidate? If not, what can I do?
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John Flanagan-Anderson
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Debtcc Points: 100
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| Posted: Fri Aug 05, 2005 6:55 am Subject: |
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John,
What is double default?
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vwh
Joined: 22 Jul 2005
Posts: 134
Debtcc Points: 5762
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| Posted: Fri Aug 05, 2005 12:17 pm Subject: |
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Hi John,
You can get your defaulted accounts consolidated in the program.
The defaulted accounts will be brought 'current' with your creditors and paid in easy monthly installments.
Ultimately, your accounts will be 'paid in full' and will be reported to the credit bureaus. Thus, it will reshape your credit file.
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roxette
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