Rhode Island debt consolidation
Rhode Island debt consolidation - save your paycheck
You have been wondering how to nullify your debt burden as your finances are going beyond your control. The debt payments are eating away half of your paycheck and you just cannot find a way out. You are in need of some financial guidance.
Many people sail in the same boat as you are sailing in. One sure way of getting out of this situation is debt consolidation. Many debtors try out a Rhode-Island debt consolidation program or take a debt consolidation loan.
While a Rhode-Island debt consolidation company can take care of your debts, you can consolidate your debts on your own too. You can hire the services of a debt consolidation company; the company negotiates with the creditors on your behalf. A repayment plan is worked out which enables the debtors to pay back the outstanding balance according to their convenience.
If you feel that debt consolidation may not be right for you, you can also opt for various other debt solutions to get out of debt.
Free debt counseling in Rhode-Island can help you to decide
If you are confused as to which option of debt relief may benefit you the most, you can refer to a debt counselor. Free debt counseling session can guide you to take the right decision.
FAQs related to Rhode-Island debt consolidation
- I would like to know the contact details of the Attorney General of Rhode-Island.
Ans- The State Attorney General can be contacted in case you have noticed any irregularities in the manner the collection agencies or the lending companies have been operating. You can always approach the Attorney General in the address given below-
Office of the Attorney General
150 South Main Street
Providence, RI 02903
(401)274-4400 - What is the Statute of Limitations on debt in Rhode-Island?
Ans- The SOL on debts in Rhode-Island is as follows-
Oral Agreements-10 years
Written Contracts- 5 years
Promissory Note-6 years
Open Ended Account-4 years - I would like to know the laws pertaining to payday loans in the state of Rhode-Island.
Ans- In Rhode Island, payday lending is legal. The minimum time period for a payday loan in Rhode-Island is 13 days. Know more
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