If your credit is that bad,then you would need a plan instead of a loan.Take the free debt counsel call provided by the board here. After call come back and do your reserch on the company to see if that is what you are ready to do.
I got a call from Consumer credit counseling and they wanted my first payment for Attorney fees, misc fees. Can any one refer me to a company that does not do that upfront.
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.