e debt to manage my past due accounts

Date: Mon, 01/29/2007 - 22:52

Submitted by anonymous
on Mon, 01/29/2007 - 22:52

Posts: 202330 Credits: [Donate]

Total Replies: 1

I was going to have e-debt manage my past due accounts, they told me that the total amount that i was going to pay my creditors was like 3000 for a debt of 6000, and that they will charge me 33 percent of the total money they save for me, but reading their agreement for sign in it i noticed that there was a hiden charge of 55 dlls per month for a maintenance fee, I added up all the fees that they want to charge me and it came up to 2700 dlls with 25 months program, now I told then that I didn't want to go thru and I did not signed the contract, but they have my account information, can they take money off my account? I told them to close my account..

gmartine - I'm sorry you were unsatisfied with the terms of

gmartine -

I'm sorry you were unsatisfied with the terms of the program from e-debt. Many debt consolidation or settlement agencies charge fees for their services. It's a toss-up for most people who decide to use the services - continue paying the high interest rates on credit card and PDL debt, or pay the fees charged by a debt consolidation/settlement agency to handle them? You have to weigh out the benefits against the cost.

I noticed you have just registered - by doing so, you are entitled to a free debt counseling session. A consultant will be contacting you soon. Have you sought out another debt consolidation or counseling agency? We have listed them on this site on our Ranking Chart, by state:

http://www.debtconsolidationcare.com/ranking-chart/

You might also want to check out the Benefits of Debt Consolidation:

http://www.debtconsolidationcare.com/benefits.html

If you have any questions or concerns, please let us know - we're here to help!

lrhall41

Submitted by SUEBEEHONEY70 on Tue, 01/30/2007 - 06:36

( Posts: 4583 | Credits: )