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Sub: #1 Debt Consolidation with excellent credit
Replied on 04-05-2007, 12:11 PM
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I have excellent credit, and I would like to consolidate my debt, but I do not the debt consolidation to affect my credit. Thanks

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Sub: #2
Replied on 04-05-2007, 01:01 PM
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Your credit will remain at the best if you can pay on your own. I assume that you might be experiencing some financial difficulties and expect to miss your payments in the coming days. If you consolidate, you will actually save your accounts from going into default and repay at easy installments.

debt consolidation will be reported in your file for as long as you are using the services. When all the debts are paid off, the CRA will remove the program from your report. When you will be applying for credit in the future, no one will come to know about your using the services.




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* Disclosures:
  • 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.
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