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Debtconsolidationcare.com - the USA consumer forum

When will my creditors be paid?

Date: Thu, 12/13/2007 - 04:55

Submitted by anonymous
on Thu, 12/13/2007 - 04:55

Posts: 202330 Credits: [Donate]

Total Replies: 3


My creditors still have'nt recieved a payment. It's been eight days since my payment to DebtCC of $174.00 has been made. How long does the process take. I have never been late before. Now on top of it, I owe $65 dollars in late fees, and thats to only two of my eight creditors. When will my creditors be paid? I dont want any more late fee's.


I would give DebtCC a call and see if they have received or your payment or when they sent the checks out. 8 days is cutting it close for your CC companies. You must figure 2 or 3 days from you mailing it out to them receiving. Then a day or two for DebtCC to process your payment and cut the checks. Then you have a few days more days from DebtCC to to your creditors.


lrhall41

Submitted by Ryan_N on Thu, 12/13/2007 - 12:00

( Posts: 315 | Credits: )


DebtCC is a place to get help, find a consolidation/settlement service...but they don't make a payment plan or deal with your creditors. If you apply for a consultation, then another company would have called you to help you out.

In the plan that I have, the consolidation company says that the day after they get my payment they send payment out to the creditors. From there it can take 7-10 days for the payment to post. So you want to make sure you give yourself enough time for the payment to post by the due date


lrhall41

Submitted by lawn1016 on Sun, 12/16/2007 - 17:58

( Posts: 676 | Credits: )