Non profit debt consolidation company - Ways to select a good one and repay bills faster

Welcome!

We could help you more if we knew what kind of debt you are needing help with & the amounts on each of the debts.

Please apply for a free consultation or call a counselor. They are both free & they will help you sort through your options.

Hi

three credit card about $11,000 total while i am in college. can a debt consolidation company help me? which website or number that provide free consultation or call a counselor.?

Thanks

Please call 800-601-1579 or on this site here there is a form you fill out & someone will contact you.

Have you tried contacting your creditors to see if they can lower the interest rate at all? Have you contacted any non profit debt consolidation company?

SheTookMyBoxer....the number for debtcc is 1-800-601-1579. Also if you look on the right hand side of the forum there are links under our services :)
Hang in there things will get better, but give debtcc a call :)
Chin Up. Inquire more about debt consolidation non profit.

Sorry Lawn, we must have both been typing at the same time :)

Most of us have seen ads promising consolidation from non-profit organizations.

Non profit debt consolidation companies collect revenue through 'donations' from their clients. And they take large salaries for there staffs!! A recent investigation by Business Week found few companies had paid their executives over $300,000 a year as salary!!

Many people have complained to the Better Business Bureau and state attorney generals. I will personally recommend people to either try to settle debt on their own or go for a proper law firm, which will give you a much better service and be transparent

I'm just dumbstuck by reading all these stuffs about debt consolidation Non Profit companies. It seems "A Wolf in Sheep's Clothing". I had a misconception that non profit debt consolidation companies are more philantropic than profit-orientation. I'm shell shocked.

Vivek thanks for the additional input man.

I have 4 credit cards, total debt of $8,100. Do you think it will be a good idea to ask one of the creditors(Wellsfargo Bank) for consolidating the entire debt and pay them one monthly bill.

i would like to pay of my three credit cards in total three thousand pounds sterling,what would you suggest my best way of doing it

looking for a non profit aprroved credit card debit company-
live in Ma.

4 cards, totaling about 10,000. one i am an authorized user and the other im not on but i charged it. is that an issue?

I agree after reading through and some answers came up as more acurriate and sufficiant than others, but the truth is if you want to be sure that all is legal in all aspects, I would go through a lawyer to consolidate. All actions from that party would be legal and they would have to follow the laws and guidlines.
If you choose to go through a lawyers office, make sure this is the type of work they are common in, usually it does not cost to speak to a lawyer with the first visit.
I believe even the States/Gov. can redirect you to a free Law office to handle your debts.
Good luck all.

Do you have to pay taxes for a debt settlement? and Why?

I have/had a small business and I am in debt with back sales taxes. But business almost non-existent and my husband has lost his full-time job and has only part-time work. I found a part-time job but I only work a few hours. HELP!

have you heard of USA Debt Professionals. They are for profit consolidation comp who will remove debt after 3 years. They don't have a BBB seal of approval on their site so I was wondering if you heard of them. Thanks- adam

How does one look for a debt consolidation company and how do we know that it is non-profit?

These are a couple of common questions most people usually have when faced with the unlikely prospect of bankruptcy and debt consolidation.

This article is extremely helpful in providing guide and basic information regarding non-profit debt settlement.

The cautionary tips are invaluably inspired.

Non profit! There's an article I found on NON profit companies - you should read it before you make any choices! It's called Credit Counseling Lies Exposed, and can be found at: debtfreeasapblog.com/non-profit/#/?p=835

Don????????t be fooled by the words ???????non-profit.??????? Claiming a debt management plan is ???????not-for-profit??????? is ridiculous, but it????????s fooled many people into making poor money choices.

Know that entering into a consolidation program with any company to reduce your interest rates, prevents you from purchasing a car or home until the program is completed. This is due to the fact that being in this program will be stated on your credit report. If you quit the program for any reason or miss one payment (ever), forget about buying another car or home on credit until it falls off your credit (7 years from your last payment). This wasn't explained to me when I enrolled and it was impossible buying a car, which I needed for work. I ended up being dropped from the program, because I missed one payment while I was between jobs. However, I did find a good company that settled my debts and they even included free credit repair. I only ended up paying about half of what I owed (including their fee). I recommend DWScott Financial. I think their website is deleted.

sorry no solicitory pr personal info per TOS.

Is Non Profit Debt Consolidation Better Than a For Profit Debt Consolidation Program?
I Dont know
But you must refer or study well before took it

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would go through a lawyer to consolidate. All actions from that party would be legal

will this show up on my credit score?

Can you tell me how to know if the company I am working with is legitimate? I called the Better Business Bureau in their state and they had no listing for this company. It is CreditGUARD of America, Inc., in Boca Raton FL, at 1-800-838-7132. Before I sign the forms, I need to be sure they are legit? thanks.

i have went with a company on this subject and i am still getting calls! the name is Credit Alliance Group... are they a scam or real? Do I need to go another route and if so which one should I take?

OK - I've taken an initial look at Credit Alliance. They seem to offer "3" models to choose from. All involving debt settlement - as you "upgrade" your package other bells and whistles are added in. Basic pgk (debt settlement) - Prof. pkg (ds and credit repair) - Elite (ds, cr and adding positive trade lines on your reports (not sure about the positive payment reporting without look at the agreements). All include the "DANN' box (an additional monthly payment with that?) - not a big fan but we can deal with that later.

First, about the phone calls. NO Debt Settlement company can stop phone calls, when the accounts are still with the original creditor. They have an absolute right to call and the FDCPA (fair debt collections practices act) does not apply. At the very beginning of any settlement program, you are going to get calls (I assume right now that you don't have any money available to settle your debts with your creditors so you are starting to save up your money so you can present a reasonable settlement offer) - right now you are really 'buying time'. You can't settle your debts unless you have money to do so - good intentions don't pay off the creditor so you are going to have to ride it out for a bit. Even if you do this on your own. Explain to the creditors that you are going through a rough time and simply can not afford to make any payments right now (which I assume is the truth) - explain that you are trying to find a way out of this mess and that maybe in another 30 days or so, you situation may improve. Keep doing this as you save. Be polite, yet firm. Don't give them any personal information.

Control what information is communicated -
Don't give a collection agent any personal information. Don't tell them where you work, where you bank or your checking account number. When they start off the call by saying, "I just want to update or confirm our records; can you confirm your work number or bank account information"? Don't tell them. You can be polite and say, I'm sorry, what can I help you with? The more that you remain in control, polite but firm, the better chances you will get what you want out of the negotiation. The more private information you give them, the easier it will be for them to pursue you if you can't work something out.
Putting it simply, if you have to go through the process of suing someone, would you spend your time going after someone that you had very little information on (don't know their banking information, where they work or even if they are working, etc) or someone that you could easily follow-up on to get your money? So, control the information you provide, don't give up personal information and remain polite but stick to the task at hand. The more in control you are, the more likely you will be successful.


How much debt do you owe? How far along (delinquent) are the accounts and what did CAG 1. charge you and 2. tell you how long it would take for you to become "debt free". I can further explain the process from the time that you initially stop making your payments to your creditors (the "what happens") if you want me to... Hope this helps you.

i owe many different bills medical credit card auto some medical go back years and not sure how many. i need to consolidate them ithink it is around 15.000 or more. where do i turn.

I have five credit cards that total about $30,000.00. They are seriously overdue. collectors are calling, sending letters in the mail and just the other day I received a letter from an attorney saying that if I didn't respond within 14 days I would be sued in court, facing possible wagw garnishedment. I don't know what to do. Do you have any suggestions?

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hi people
i would just like to share with you'll how to choose a good settlement company
the first thing you see is how long has that company been in operations
the second thing is that you got to know whether they are listed with the bbb and what are the their ratings
the next thing that you got to see is whether they have a license number to settle your debts and whether they are a genuine company or not
they should not have and enrollment fee off more than 10% na that should not be charged all upfront in order to proceed with your debts , they should satrt your payment as soon as you are confirmed that you will pay of the debt via the program (your first monthly payment )
they should not charge their enrollment fee upfront
the next thing is that they should nit have a monthly fee of over $50 to %60
they should be able to deal in any debt other than secured debt and insured or govt legislated debts like tax and student loans
they should not have a success fee of over 10% of the amount you save through their program
and they should have enough of success stories to show you
and the fees of that company should be displayed easily on the company website or the program advertisement
well these are just may thoughts others may have a different opinion of them and suggestions are always welcome and so are corrections

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Picking a not-for-profit debt consolidator can be difficult. Some companies abuse their non-profit status. Others seem local, but are actually located in another country. What should we have to do?

is there any non profit debt consolidator around the Shelbyville,Louisville,Frankfort KY area?

I work for a BBB Rated A+ debt counseling agency. All of our counselors are certified financial counselors and are more than willing to help review your credit report for free to help you get a better idea as to whats being reported and how its affecting your credit.

Solicitation not allowed here - Jason

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I was unaware that I was soliciting- I am trying to help others avoid the rip-offs in this world

I found that the best thing is to have a detailed plan on how to manage their debt. Now I have to admit, spending and racking up the debt is fun, however paying it off later is by far the worst part. I know I did. Once I met with a professional, I was able to pay off my debt AND save more. As a matter of fact, it gave me extra spending money too. He was very thorough and upfront about everything. I was extremely comfortable talking to him because I could tell what he was telling me was true. I now have a written gameplan to be a millionaire by the time I'm 35. This is a dream come true. I send all of my family and friends to him and they are all equally impressed. Who knew that we could be better off in such a rough economic condition? Thanks to my financial guru I have finally earned my financial freedom.

can we find tax sheil on debt settelment?
Solicitation removed.

Well, then it is provides a great information to everyone! You still find a company that are legal and has great services that will help you solve along your debt problems. Let us face that truth that their are lots of companies out their that offers good services and make promises to help you get out of debt but unfortunately those are only scam companies. Many victims about this and it also increase nowadays.
Solicitation removed.

how bankruptcy can be avoided??????????????????

Bankruptcy is the last option that a person should think of. For your unsecured debts, you can go for the options of debt consolidation or debt settlement in order to avoid bankruptcy. You can contact a consolidation or settlement company and take their help in dealing with your creditors. However, you can settle your debts on your own. To know about the steps to settle your debts yourself, check out the given page:
http://www.debtconsolidationcare.com/steps.html

For your secured debt like a home mortgage, you can apply for a loan modification wherein you'll get a repayment plan to pay off your debts at an affordable rate. Thus, you won't have to file bankruptcy for it.

Tell us about your debt, what kind, how much, etc. We can't give you sound advice without knowing your situation first.