I don't know how many of you are aware of the budgeting tool introduced by Debtcc (http://www.debtconsolidationcare.com/personal-budgeting/
) but I happen to stumble upon it following the link posted by Jason. I tried it out of inquisitiveness and am pretty impressed with the outcome (I admit of little initial difficulties, but the experience was fine overall). On the final stage I got a report of my month's budget. Nice to see the positive result on the paper at least. :wink:
The budgeting tool would not only allow you to store your financial data but would also provide you with a printable report, which you can maintain in a file. What's more? It allows you to prepare a budget not only for months but for the quarters and also for the entire year in advance.
Has anyone else checked it?
P.S. Thanks to the Debtcc team for this effort. :)
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.