Debt Consolidation on a poor credit file
Date: Thu, 12/08/2005 - 13:57
Hi Welcome aboard! We do not offer any consolidation loan
Hi
Welcome aboard!
We do not offer any consolidation loans to the consumers. In the program with this company, all your bills will be combined into one monthly payment and you will be offered this benefit at a lower rate of interest.
Whenever you are looking for any kind of loan, lender wants to secure it with your property. Those who don't own homes have hard troubles in getting the loan approved.
There might be rare occasions when the lender will extend the loan to you. But he will be charging high rates of interest on it. You will be paying more in interests in comparison to those who have decent scores.
You are free from all these worries regarding a loan in the consolidation program. When you take this facility, you don't have to own a home and you won't have to pay a higher rate of interest based on your scores. All you have to do is to pay regular installments in the program after the counselor has negotiated with your lenders for a reduced amount.
In the consolidation program, you are also likely to get a reduction in the total amount as the late fees, financial charges get waived off.
For more benefits in this program, please have a look at the thread given below.
http://www.debtconsolidationcare.com/benefits.html
I suggest you to discuss about this program with your counselor. He will offer you some easy options towards your repayment. If you are convinced, you will give your consent and then only this program will get started. Your counseling is free here so you should look for this one.
Regards
Roxette