Consolidating a few collections
Date: Tue, 01/18/2011 - 12:51
I have been unemployed off and on over the past two years. During that time I struggled to keep afloat with living expenses. Over the two years I have had unpaid tickets and had to give my vehicle back to the bank.
So I have accrued $8-10k in debt between 3 collection agencies.
Having the collections to the county I live in keeps me from driving to and from work.
I have called my bank and asked them about a Consolidation loan but they did not approve me because I had accounts in collections.
This leads me to my question. Do you know of any programs or institutions that would consolidate various collections into one account?
Any response is much appreciated.
So I have accrued $8-10k in debt between 3 collection agencies.
Having the collections to the county I live in keeps me from driving to and from work.
I have called my bank and asked them about a Consolidation loan but they did not approve me because I had accounts in collections.
This leads me to my question. Do you know of any programs or institutions that would consolidate various collections into one account?
Any response is much appreciated.
Debt consolidation programs will help you in consolidating your
Debt consolidation programs will help you in consolidating your multiple bills into one single monthly payment. You can contact the local debt relief companies in order to take advantage of a debt consolidation program. The consultant will negotiate with the collection agency for a payment plan that you will be able to afford and will also request them to forgive the extra charges. You, in turn, will send the payments to the consolidation company, who will distribute it amongst the collection agencies.
