Consolidation
Date: Tue, 08/02/2005 - 09:47
Hi mdow315 Welcome to the forums. The debt consolidation prog
Hi mdow315
Welcome to the forums. The debt consolidation program consolidates all the accounts that you put in the program into one loan amount. This loan amount is paid proportionately to all your creditors through easy monthly installments. This program offers lower rate of interest so that your repayment becomes easier while erasing your debts.
The consultant working in the program ensures to do skillful negotiations with your creditors. He negotiates to reduce the total amount of your debt which might have added up with the financial charges, late fees etc. All these charges are wiped off and hence you are offered to pay the actual amount.
Other advantage of the debt consolidation program is that you are offered payment plan depicting your payment abilities. The consultant understands that there are financial difficulties in everybody's life. So, he is willing to offer you a lower payment plan. When your financial position improves, you can contribute more to erase the total debt faster.
http://www.debtconsolidationcare.com/benefits.html
After your accounts are paid in full to the creditors, the consultant works with your creditors to report your accounts as paid in full to the credit bureaus. Your scores are enhanced when your accounts are shown as paid in full in the credit report.
Thus, the debt consolidation program will serve with the purpose to improve your credit ratings while you achieve a debt free life faster.
The services offered in the debt consolidation program are completely free of cost. Your registration in this site is also free. Along with it, regular budgeting and counseling programs are also offered which will help you to keep a check on your finance.
There is a very nominal fee charged by the consultant for working in the program. You can look at this page for a complete idea.
http://www.debtconsolidationcare.com/fees.html
Regards
Roxette