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Posted: Thu May 24, 2007 7:38 am Subject: how do i do a debt consolidation

i am a member and have been one for awhile how do i do a debt consolidation??

Posted: Thu May 24, 2007 7:47 am Subject:

First thing you would need to do is look in your local community for a debt consolidation company...and then make sure that they are a legit company(contact your attorney general) once you are satisfied that they are a legit company, contact them and schedule an appointment

Posted: Thu May 24, 2007 7:52 am Subject:

o i thought you could do one through here??

Posted: Thu May 24, 2007 7:54 am Subject:

When you sign up i know that one of their counselors contact you within a few days...but if you have been a member for a while I am not sure if you can still do that

Posted: Thu May 24, 2007 8:00 am Subject:

nobody ever contacted me

Posted: Thu May 24, 2007 8:08 am Subject:

send a PM to Denny or Mike maybe they will have a suggestion for you

Posted: Thu May 24, 2007 12:57 pm Subject:

Hi padgett

You registered as a community member last year. There are two types of "sign up" in the website. One is for free counseling and the other one is a "community sign up", in which you join as a member only in the forums. I am not sure if you filled up the application form for the free counseling or the community sign up.

If it's not a problem, please sign up for the free counseling in the home page? You will hear from a debt consultant in your area soon. If you face any problems, please call our customer care at 800-601-1579. Our representative will forward your request to the consultant in your area.

Regards
Mike

Posted: Thu May 24, 2007 3:38 pm Subject:

Debt consolidaton question....If I have perfect credit, meaning no past dues or anything negative,just balances, some high, some low, can a debt consolidation hurt my scores? thanks!

Posted: Thu May 24, 2007 3:59 pm Subject:

You should always maximum preference to paying debts on your own. This will boost up your scores at the maximum. But in case, if you are expecting to default in the future, debt consolidation will be your best move. Many people take this program after they have already defaulted in their payments. A good DMP company will negotiate with your creditors and lower down the interest rates, and draft an easy plan for you

Posted: Fri May 25, 2007 11:02 am Subject:

Do you think it's worth doing a consolidation loan for only 13K?

Posted: Fri May 25, 2007 3:08 pm Subject:

Your credit is the key factor. The lenders will look into your scores and review your financial standing before extending any credit.

Posted: Fri May 25, 2007 6:44 pm Subject:

I have good credit; it's just that I have about 9 credit accounts with ranging APRs frm 8-24%, and 2 install loans. I hate having all the different monthly pymts and would only like to have 1. I'll be shopping for a mortgage in the next 6-9 months and don't want a consolidation loan to look bad on my credit reports. Whaddya think?