Consolidation program for the accounts not in collections
Date: Wed, 12/28/2005 - 08:22
I'm interested in debt consolidation for both my finace and i. But neither of us are in collections. Will we be eligible to do so?
Hi MAMASIt's very good that your account has not reached to
Hi MAMAS
It's very good that your account has not reached to collections yet. If your accounts are sent to a collection agency, it will be reported in your credit report and will hurt your file negatively.
Use the consolidation program now or your creditors might send your accounts to the collection agency if they don't hear from you. The consultant will talk to your lenders and your accounts will once again become active in payments.
This will be a helpful step towards achieving a debt free life.