Posted on 05 February 2010
Cons Get Into More Debt. It may be tempting to continue to use the credit cards that you’ve paid off. This is one of the reasons why debt consolidation is not a cure for credit problems. In fact, it could actually make problems worse, by allowing a person to get into more debt than they started [...] Continue Reading...
Posted on 05 February 2010
Most consolidation plans are scams. They make money for the consolidators and turn your credit from marginal or bad to even worse. Some are ok, but you need one that doesn’t charge any fees and that YOU understand the plan completely.They will take your money and do little for you. Everything they do is in books. You can [...] Continue Reading...
Posted on 04 February 2010
Isn’t spending money that you don’t have what lead you to a debt consolidation company in the 1st place? And if the garage doesn’t take Amex then why do you want to run the card? Save up the money and buy the part! Hope this helps! Need more information? Find information on reduce debt Continue Reading...
I don;t know what the standards are .. some ads are saying 60%… . but if you can handle 500 make sure before settling that you are not going to be listed as charge off and that they are not reporting this as income since you have probaly overpaid in late fees, charge off etc. [...] [...more]
Please don’t do that They will charge you a hefty fee and leave you worse off than if you just left things as they are now. If you are so upside down financially, you might want to contact a bankruptcy attorney and see what your options are. If you feel you can pay this 20k back, go find [...] [...more]
Well most likely they won’t do anything this first time. You’ll probably get a call and they will say to get the money to them as soon as possible. If this keeps happening they could potentially garnish your wages or sue. This is last case scenario. My advice is to call them tell them your [...] [...more]
