ideal candidate
Date: Fri, 12/04/2009 - 01:16
Who is an ideal candidate for credit counseling?
Some one who can consistently pay 2.5% of their total unsecured
Some one who can consistently pay 2.5% of their total unsecured balances that are enrolled in the program every month.
By consistently I mean without a doubt, on time all the time, while leaving yourself enough to meet all other obligations each month.
If being completely honest with yourself, the 2.5% is going to be a struggle or a stretch, look into all your other options.
Starting credit counseling then dropping out will be a waste of time and needed resources if the math doesn't work.
Mileage may vary