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debt consolidation company

i have proof of the fact that i’m dealing with a debt consolidation company and making the payments every month,it sounds naive,but, what would be the outcome in court,i can’t pay no more than what i’m paying right now to the debt consolidation program,due to divorce…,thanks,many thanks

Sell House Quick
Categories : debt consolidation
Comments (5)
debt consolidation

I am in dire need of a debt consolidation loan and I have bad credit. I can make things work with $5000, but I do not know where to start. I have seen people with yahoo addresses claiming they can loan money but they sound fishy as it is not a company email, their emails always seem to be yahoo. Any info will help. I fell on hard times and am now able to pay my monthly bills but I cant seem to catch up what I fell behind on. PLEASE help asap. I have a 5yr old and I do not want him to suffer us loosing our home or car.

Quick House Sale
Categories : debt consolidation
Comments (4)
debt consolidation company

I have accumulated a lot of credit card debt due to an illness and loss of employment. The amounts I was paying became so large that I couldn’t afford to make the mimimum payments so I decided to seek a debt management company. This has been going on for a year, but I don’t seem to be getting anywhere because the interest rates continue to climb on the accounts I’m not currently paying on.

Rent Back
Categories : debt consolidation
Comments (3)
debt consolidation

we have 3 credit cards with 15K debt and paying average 15% APR …and we think we should try for debt consolidation personal loan which doesn’t require any collateral or home equity…so based on experience can you please suggest which bank we should contact for such loan?

Repossession
Categories : debt consolidation
Comments (2)
debt consolidation company

I need to consolidate some unsecured debt. Will someone with personal experience with a consolidator give me their website so that I can research it.

Rent Back Fast
Categories : debt consolidation
Comments (3)
debt consolidation

I have approximately $15K in various credit card and hospital bill debt. I am looking for a good company that does debt consolidations/loans.

There are lots and lots of companies available but i’ve heard there are both good and bad ones out there. Personal experiences are highly important so if you have any – please share them.
Also, is there any rating/review service or consumer guide that has written about this field? Web Links?

Quick Property Sale

Categories : debt consolidation
Comments (2)
debt consolidation

For people in need of debt relief, debt consolidation is often the option considered. It is simply combining all your debts into a single loan so that instead of paying several creditors, you’ll only be paying a single creditor. Is debt consolidation a good or a bad idea? To answer this question, let’s take a look at the advantages and disadvantages of debt consolidation,

Advantages of Debt Consolidation

- Paying your debts is a lot more convenient. Because you’re only paying one creditor, you’ll have an easier time tracking your payment schedule and submitting your payments.

- Budget your monthly expenses more efficiently. Since you’ll only be dividing your monthly budget between your expenses and your debts, it will be a lot easier to manage.

- Lower your interest rates. Since you’ll be paying just one creditor, the interest rates of your debts would also be significantly lower.

Disadvantages of Debt Consolidation

- There is the risk to incur new debts again. People who consolidate debts tend to use their credit cards again once their outstanding balances has been paid off. Paying a single debt each month makes it seem like you don’t owe much at all and you still can afford to incur new debts.

- A debt consolidation loan is technically a second mortgage. Since a this type of loan is secured on your home property, it is just like a second mortgage. It can take you a long time to be entirely debt free.

- Lower interest doesn’t necessarily mean less payment. Yes, a debt consolidation loan will lower your interest rate but since it is a long-term debt, if you calculate your repayments, you could be spending more in the long run.

- You run the risk of losing your home. This is the most serious factor about getting a debt consolidation loan. If you still fail to keep up with your debts, you end up losing your property. Obviously, once you get into a debt consolidation, you need to be aware of this risk and do all you can to make sure you will never delay or miss your monthly payment.

Would You Go for Debt Consolidation? As you can see, there’s more to debt consolidation than just rolling all your debts into just one payment. If there are other ways to get out of debt without getting a debt consolidation loan, why not consider it? If you really feel helpless about your situation, seek credit counseling from a trusted non-profit credit counseling group especially if you have trouble controlling your spending.

Bear in mind that debt consolidation will only work if you can perfectly keep up with your monthly payments. If you’re still unable to make your payments after consolidating your debts, then you’ll be facing a more serious dilemma and that is losing your home.

Don’t rush into debt consolidation without considering the responsibilities and consequences that comes with it. Remember, debt consolidation comes with adjusting your lifestyle and finding ways on how to handle your finances more efficiently.



Sell and Rent Back
Categories : debt consolidation
Comments (0)
debt consolidation company

my husband and i have around $5000 in medical bills that we would like to pay off. they are all with the same collection agency. would it be better if to deal directly with the collection agency or go thrugh a debt consolidation compay? i contacted a debt conslidation agency in my area and they informed me that even if the debt is paid it still stays on your record for seven years. if i deal with the collection agency is it possible to have them remove items as they are paid off? any advice on this would help greatly. thanks.

Repossession
Categories : debt consolidation
Comments (8)
debt consolidation company

anyone have any experience with dealing with these types of companies? recommendations?

Real Estate Professionals
Categories : debt consolidation
Comments (6)
debt consolidation

I am wondering where to find a trustworthy list of reputable debt-relief/debt-settlement or consolidation programs. I also need to know where to find a comprehensive list of ALL of my debts (not just the ones appearing on the credit report).
Thanks.

Rent Back Fast
Categories : debt consolidation
Comments (4)

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