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#1debt consolidation for credit cards and personal loans
Replied on
05-03-2007, 04:05 PM
I have debt due to credit cards and personal loans, just wanted to get consultation with the company to see if we can consolidate these bills, thank you.
A counselor will be calling you soon and frame a plan with your creditors. You will get lower interest rates in the program and pay your debts easily. How much do you owe in total? Please look into the benefits of the consolidation program. Few other options are discussed here.
By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.