Dmp
Date: Mon, 12/27/2010 - 11:04
Called two Bank of Americas DMP's they route calls to. Debt free America says they get will get an average of 9% between six cc's. (will not give me exact rates until I sign up) The other Money Management International DMP gave exact interest rates for each card ranging from 2% to 6% however states theses banks may come back with higher rates but 92% of the time rates come back as accurate. Any advise?
I personally feel that going for the second company will be a be
I personally feel that going for the second company will be a better option compared to the first one. The second company is letting you know the exact interest rates. As far as the risk of higher rates are concerned, it can be the same case with every DMP. It will depend upon the negotiation power of the companies as to how much lower interest rates you can get. Take a look at what debt management program is all about from the given page:
http://www.debtconsolidationcare.com/debt-management.html
