do you have to turn over all debt to consolidation
Date: Wed, 07/19/2006 - 11:14
i have roughly 15000 in unsecured debt but some of it is student loans with great interest rates i don't want to give up! do i have to surrender all debt to cosildate?
No, you can pick the accounts you wish to include in the consoli
No, you can pick the accounts you wish to include in the consolidation program. Prefer to enroll those accounts in the program that are catching the highest interest rates. You can also get started by putting the ones with a minimum balance so that it gets paid off quickly and is updated in your credit report. Later you can use that money to pay off the other accounts. Discuss your accounts with the consultant who will frame your repayment options. He will assess your financial situation and make your repayment plans easier.