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Consolidation companies

Date: Wed, 08/29/2007 - 09:50

Submitted by anonymous
on Wed, 08/29/2007 - 09:50

Posts: 202330 Credits: [Donate]

Total Replies: 8


Okay, maybe I am confused but I thought the purpose of consolidation companies was to get your monthly payment lower than what you are already making. I currently pay $484.18 a month without the help of CCMS but now they are telling me its going to be $592 a month. How is that helping again? I am confused.

Thanks


Good day tthoma49,

Some companies also charge you more the first caouple of months before they are able to bring your interests down. There are probably fees associated with this company as well. In my case, my payments are also a little bit higher that if I pay the monimums, because of the company fees.


lrhall41

Submitted by stefan on Sat, 09/22/2007 - 04:34

( Posts: 201 | Credits: )