Use of credit card accounts after including in consolidation

Hi Nilopher

Welcome to the forums.

The consultant will be negotiating with your creditors and express your sincere desire of clearing this debt account. On account of this, they will offer you concessions in the interest rates, payments and wipe off the financial charges, late fees added in your account.

While you have included the accounts in the consolidation program, those specific accounts will be frozen or closed until you become debt free. This is done with an intention of not adding more debt towards that particular account.

Regards
Roxette