Debt Consolidation - how much good it is
Date: Wed, 03/29/2006 - 08:15
I have like 9,000 of credit card debt and I was wondering if this is a really good idea for me.. Does this really work? how does it work exactly? Do they consolidate all my bills and I just have to make one payment or how?
I would appretiate it if someone would respond..
Thanks
Once you register with this site a counselor will call you and e
Once you register with this site a counselor will call you and explain the program and answer any questions you have. If you chose to consolidate, it will be one payment a month according to your budget. Consolidation has saved us in more ways than one. Also going into consolidation you receive benefits from most of the creditors after 3 payments are made and they see you are going to make payments.
Hi Malka, Welcome to forums :D Tammy is absolutely right.
Hi Malka,
Welcome to forums :D
Tammy is absolutely right. debt consolidation helps you to pay off all your unsecured debts with affordable monthly installments. Once your creditors start receiving payments, your credit report will be updated accordingly. And series of on-time payments will make your score better.
Interact with the counselor; discuss your problems and obligations so that the best payment plan comes out for you. You might like to visit this page to know the benefits of debt consolidation-
http://www.debtconsolidationcare.com/benefits.html
