Need Advise
Date: Sat, 12/09/2006 - 11:18
I currently have over $10000.00 in debt just in credit cards. The high interest rates are killing me. I need some advise as to how I can get all these charges in one location with possibly a lower interest rate and make only one payment a month instead of 3 or 4.
You'll get all the benefits you want if you consolidate all debt
You'll get all the benefits you want if you consolidate all debts under one repayment plan. The interest rates will drop down after the counselor does the negotiations with your creditors. Besides, you will save some money in fees as they will be waived off. Discuss your options with a counselor. He will be calling you soon and offer you budgeting tip.
Once you are enrolled in the plan, ensure that you make the payments every month. The creditors are going to offer you few benefits in the program and you don't want to lose any opportunity if a payment is missed.
