08-20-2009, 04:01 PM
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non-profit debt consolidation
How does one look for a debt consolidation company and how do we know that it is non-profit?
These are a couple of common questions most people usually have when faced with the unlikely prospect of bankruptcy and debt consolidation. This article is extremely helpful in providing guide and basic information regarding non-profit debt settlement. The cautionary tips are invaluably inspired. 
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10-27-2009, 10:14 AM
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Non profit! There's an article I found on NON profit companies - you should read it before you make any choices! It's called Credit Counseling Lies Exposed, and can be found at: debtfreeasapblog.com/non-profit/#/?p=835
Don’t be fooled by the words “non-profit.” Claiming a debt management plan is “not-for-profit” is ridiculous, but it’s fooled many people into making poor money choices.
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11-11-2009, 02:47 PM
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Know that entering into a consolidation program with any company to reduce your interest rates, prevents you from purchasing a car or home until the program is completed. This is due to the fact that being in this program will be stated on your credit report. If you quit the program for any reason or miss one payment (ever), forget about buying another car or home on credit until it falls off your credit (7 years from your last payment). This wasn't explained to me when I enrolled and it was impossible buying a car, which I needed for work. I ended up being dropped from the program, because I missed one payment while I was between jobs. However, I did find a good company that settled my debts and they even included free credit repair. I only ended up paying about half of what I owed (including their fee). I recommend DWScott Financial. I think their website is deleted.
sorry no solicitory pr personal info per TOS. Last edited by paulmergel; 11-11-2009 at 02:58 PM.
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