Payment plan in debt consolidation

Date: Thu, 09/15/2005 - 02:27

Submitted by anonymous
on Thu, 09/15/2005 - 02:27

Posts: 202330 Credits: [Donate]

Total Replies: 2

When working with debt consolidation - is it also possible to pay above the payment plan (thus paying it off more quickly) or would that normally result in a prepayment penalty? Thanks!

According to my program, they encourage you to pay extra if you

According to my program, they encourage you to pay extra if you have it. Expecially like tax refunds, bonus checks, inheritances, anything. Any extra will help. And the specifically told me there was no penalty for early payoff.

I expect to be debt free in less than three years! I could have never done it on my own!

lrhall41

Submitted by Taquita on Thu, 09/15/2005 - 09:14

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Hi duanejenna Welcome to the forums. There is no prepayment p

Hi duanejenna

Welcome to the forums. There is no prepayment penalty charged if you are willing to clear the debt faster. The programs designed by this company are in the interests of the consumers and will be helpful to you in the long run.

You can take a free counseling in this website and discuss your finance related problems with the consultant.

Regards
Roxette

lrhall41

Submitted by roxette on Thu, 09/15/2005 - 10:27

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