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Confused about Debt Consolidation VS Working out Payments

Date: Fri, 08/17/2007 - 04:51

Submitted by lawn1016
on Fri, 08/17/2007 - 04:51

Posts: 676 Credits: [Donate]

Total Replies: 1


I'm confused. I asked on Yahoo Answers if it was better to work out debt consolidation or try to work out the situation with the creditors.

Everyone at Yahoo Answers said NOT to use Debt Consolidation as I'm having someone do for me what I can do for myself & that debt consolidation companies charge fees on top of what I'd be paying them.

So now I'm so confused at to which is better. I'm $17,000 in debt, one payment behind on most credit cards.

I want to get out of debt but not sure how to go!


Everyones' situation is different. Some have found that they prefer to do it themselves, others' choose a consolidation company to deal with everything.

Here is a link that explains 12 ways to solve your debt problems at http://www.debtconsolidationcare.com/debt-solution.html You can look at the Do it Yourself section, and also the Consolidation section, to see which may suit your needs. If you have any questions, please ask, we are here to help..Karen :D


lrhall41

Submitted by Bossy4455 on Fri, 08/17/2007 - 08:29

( Posts: 5854 | Credits: )