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Are there any fees related to visiting a Debt Consolidator?

Date: Wed, 02/07/2007 - 10:13

Submitted by anonymous
on Wed, 02/07/2007 - 10:13

Posts: 202330 Credits: [Donate]

Total Replies: 2


I am interested in the benefits of debt consolidation. We have a significant amount of debt and though we make our monthly payments, I feel overwhelmed by the entire situation.

What, if any, fees are associated with visited a Debt Consolidation Center in my area? Also, how does doing such affect your credit rating and or future homebuying, etc.??

I really would like help with this and look forward to your reply. Thanks.


Considering the high interest rates on your debts, it will be worth paying a fee to the consolidation company. They will also try to waive off the late payment fees from the total amount. If you are already behind in your payments, consolidation will bring your accounts current and your repayments will be posted to the creditors. Give the accurate picture of your financial situation to the counselor. He will find out an easy affordable plan for you.


lrhall41

Submitted by mcranberra on Wed, 02/07/2007 - 12:11

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