consolidate
Date: Mon, 01/24/2011 - 21:10
You can consolidate your multiple debts into one single monthly
You can consolidate your multiple debts into one single monthly payment and pay off the dues in order to become debt free faster. You can take the help of any local debt consolidation company in order to consolidate your multiple bills into one single payment. However, the debt consultant will have to contact your creditors individually and negotiate for a payment plan from them. Once they agree to a payment plan and you accept it, you can send the payment to the consolidation company and it will further distribute it amongst your creditors.
Keep in mind that consolidating or a debt management program wil
Keep in mind that consolidating or a debt management program will tank your credit scores. Also, your creditors must agree to the plan.