logo

Debtconsolidationcare.com - the USA consumer forum

Debt managemt program sign up process

Date: Wed, 04/11/2007 - 14:31

Submitted by anonymous
on Wed, 04/11/2007 - 14:31

Posts: 202330 Credits: [Donate]

Total Replies: 4


I've been talking to some debt consolidation companies (cccs, forgetadebt, ccca)
They all very pushy to sign me up with their programs right away..
My question is, once they tell you what the payment plan is going to look like, can you reject it on the spot, after given them all the creditor and personal information? Can I try to sign up for all of them and than choose the lowest plan?

What do you think will be appropriate thing to do when choosing DMC plan?


All companies more or less do their business in the same way. But, you can refuse to sign up their program if you are not convinced. I will highly recommend that you know the repayment plan before signing up the contract. If they are not ready to discuss upfront, look for another company. Make sure that you have checked their business with your attorney general and the BBB. Some companies sound different after you have signed the contract. You should have all the terms clearly explained in the contract.


lrhall41

Submitted by Trenity on Wed, 04/11/2007 - 14:59

( Posts: 505 | Credits: )


I personally found CCCA to be very pushy and every day they would tell me something different. Of course, that is before I found this site. One day they told me they would take care of all my pdls, the next day they said only if they were over $500, the next day they would take care of them again.....there was just something about them I didn't trust. That means nothing though. I decided not to go with them after that but maybe they really are a good company and I just had a rep that didn't know what he was doing.I have not used a DMC but I am sure someone will come along who has and will be able to give you more advice.


lrhall41

Submitted by Sassnlucy on Wed, 04/11/2007 - 14:59

( Posts: 2698 | Credits: )


It's not good that you think some of them are pushy--it's probably not a good idea to join them then. Last time you said that you felt one was significantly better than the other (you liked the rep), but I can't recall who. Tell us who you have narrowed down to, your impression of them, and we'll tell you what you should do.


lrhall41

Submitted by johng on Wed, 04/11/2007 - 18:22

( Posts: 24 | Credits: )


That time I was looking for the settlement program.
Now I'm considering dmp.
I liked forgetadebt guy, he was very helpful and asked all my questions.
I was talking to the cccs was very helpful.
One of my buddies sigh up with cccs. He told me that they didn't tell him what the interest rates are going to be. First the company is trying to negotiate interest rates with the creditors, based on his income/expenses.
His minimum payments now around 100 bucks more than before. His debt is around 25k. and had pretty high interest rates of around 20%....


lrhall41

Submitted by on Thu, 04/12/2007 - 14:58

( Posts: | Credits: )