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Date: Tue, 07/01/2008 - 11:27

Submitted by anonymous
on Tue, 07/01/2008 - 11:27

Posts: 202330 Credits: [Donate]

Total Replies: 3


I would like to know how I can consolidate my credit cards into one payment. My credit is about 490 because I was out of work and the interest is killing me. I know have a job that pays me 60k a year. Can you help?


You might want to consider what is known as a debt management Plan or a dmp. These repayment plans are administered by Consumer credit counseling agencies.

With a debt management plan you will repay all of your accepted creditors over a newly negotiated contract and terms. The Credit Counseling company will negotiate with all creditors to accept a lower interest rate" usually around 6%-10 %" , waive late fees and over limit fees and spread your payments out over 4 to 7 years. You will repay 100% of your current balance with a payment that typically runs about 3% to 4% of your total debt. This site offers free counseling and can further explain why this might be your best option. 800-601-1579


lrhall41

Submitted by mobile0311 on Tue, 07/01/2008 - 11:36

( Posts: 1817 | Credits: )


I would try this company called Credit Card Zappers. I've been with them since April and they had my interest charges cut in half for two months.


lrhall41

Submitted by on Tue, 07/01/2008 - 11:36

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