Legitmate Debt Group?
Date: Mon, 05/10/2010 - 20:26
Thanks for all your wonderful feedback and articles! My parents are in their retirement age and would like to consolidate all their credit card debts so a legimate company. They received information from Turning Point Debt Consolidation, but I do not trust them. I read people could really get into some bad debt when dealing with the wrong comapny. Is there a goverment website or somewhere i can find a good comapny in LA, CA? Any assistance would be soo appreciated!
How is their credit? If they qualify, it's likely their best be
How is their credit? If they qualify, it's likely their best bet would be to apply for a consolidation loan from their bank or credit union. That way, they can make one monthly payment at a fixed interest rate and will likely be paying out less than they are now. They can take that savings and either pay the extra on the loan or put it into a savings account/emergency fund.
Thanks OhioGal1! I appreciate your feedback! That is a really go
Thanks OhioGal1! I appreciate your feedback! That is a really good idea for someone like me or my age group who still wants their credit, but my parents are pretty much just want to pay it off, without getting another loan. I think that's why they were considering these Debt company whom work with a huge discount to get it paid off. There are just so many scam artists out there..it sucks!
