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Debt Consolidation vs Debt Resolution. Which one is a better alternative?

Date: Wed, 05/04/2005 - 13:36
Submitted by on Wed, 05/04/2005 - 13:36
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Ealier today I sopke with a company who does debt resolution. This is done my stopping any payment on my credit cards and putting the money into a bank account and by them calling your credit card companies and negotiating your principal and finance rate. They can cut the principal in half and lower the rate. when there is enough money in our bank a count and we have agreed with the credit card company on the amount to pay it is taken out of our bank account. I was told that it does not hurt my credit as bad as they are not listed as a third party on my credit report and because when I have paid it off I can go to a company and pay to have my credit score improved.Please let me know if this is a good alternative to debt consolidation. Thanks, Melanie


Hi,

Welcome to the debt consolidation care forum.

Debt Resolution or debt settlement process is beneficial in some cases depending on your present financial condition and the type and amount of debt you are undergoing.

Keeping in mind, your debt problems, I feel that debt consolidation is the ideal choice for you. I have also witnessed the huge number of successful cases in debt consolidation and believe that you too will be highly benefited.

Have a look:
http://www.debtconsolidationcare.com/benefits.html

You can also register in our site for absolutely free of cost at http://www.debtconsolidationcare.com/signup/

Feel free to bank on us for any future queries. We are here to help you.

Cheers,
Jason


Submitted by Jason on Wed, 05/04/2005 - 20:42

Jason

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Hi Melanie

There is always a great demand for debt consolidation rather than debt resolution as the success rate in debt consolidation is always higher. I do believe that there are advantages and disadvantages of everything. But we need to see the positive aspects in the long run. Considering that, I will suggest you to sign in for debt t consolidation rather than to try for something new.

You must have read the pages suggested by Jason and now you will be in a much better position to decide something fruitful for yourself. You can sign in at http://www.debtconsolidationcare.com for free and then take the positive steps towards a better life.

Thanks with regards
Roxette


Submitted by roxette on Thu, 05/05/2005 - 11:22

roxette

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