logo

Debtconsolidationcare.com - the USA consumer forum

I contacted a DMP for reducing my debt

Date: Mon, 02/13/2006 - 11:56

Submitted by anonymous
on Mon, 02/13/2006 - 11:56

Posts: 202330 Credits: [Donate]

Total Replies: 2


Hello...I recently contacted a non-profit re: reducing my debt. I owe around 18,000 and pay about 450 a month..I was quoted a figure of 527 a month...I thought the goal of consolidating debt was to reduce monthly payments, not increase them...Anyone have any advice? Thanks,


Some companies say they are non-profit and then charge various fees for their services anyway...I would check for hidden fees. I would think you would be correct in saying that your payments should be lower. I have over $20,000 in debt and pay $354/month, that includes attornies fees though because I am using an attorney to settle my debt.


lrhall41

Submitted by TMD on Mon, 02/13/2006 - 12:03

( Posts: 280 | Credits: )