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How much is the fee for going through a debt consolidation company

Hi Casandra

Welcome to debt consolidation care forums

Debt consolidation company's generally charges a one time set up fee for rendering there service. In case your debt consolidation company is CCCS (Consumer credit counseling Services) then you will be charged a monthly fee of $5 to $30. This fee is charged for administering your debt management plan. Other debt consolidation companies normally charge an upfront fee from you or may include a service fee in your payment plan. Reputable debt consolidation companies charges an entry fee less than $75 as well as a monthly administrative fee which is based on a flat fee per debt account or a percentage of the total debt in the management program.

Hope this information will be useful.
Please feel free to come back with further queries.


Sub: #1 posted on Fri, 06/17/2005 - 03:54

peter peter

(Posts: 285 | Credits: )

Hi Casandra

Welcome to the forums. This company does not charge anything for the services rendered to the consumer.

However, as explained by Peter, at rarest occasions, you will be required to pay a very nominal fee to the consultant co-ordinating with you.

The consultant will be negotiating with your creditors, budget your spending by cutting all the unnecessary expenses and offer you the perfect payment plan suitable to your needs. His counseling will be helpful to you in all your times of need to erase the debt related problems.

We will wish to hear from you making the positive move by entering your contact information at the sign up. The consultant in your locality will get in touch with you shortly.


Sub: #2 posted on Fri, 06/17/2005 - 11:29

roxette roxette

(Posts: 4009 | Credits: )

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