They are both equally bad. A lot of programs that people think help do more harm than good. The debt management program usually comes with a bunch of fees and an interest rate of its own. Read the small print, and there is no such thing as a free lunch. At [...] [...more]
This is a great question: http://www.thedebtmanagementprogram.com This website offers a debt management program that should NOT negatively affect your FICO score (credit rating). The program has prearranged fee reductions with over 95% of the creditors in the US and can also help people with as little as $3,000.00 in unsecured debt. Consumers often find consolidation or settlement an [...] [...more]
I recently made a personal loan from the bank and just told them that it is for car repairs. Make a load to try and cover the sum of all your debt and pay it off. That way you’ll have a much smaller amout to pay on a montly bases, but you’ll pay [...] [...more]
Why do you need to spend money on some program to get out of debt. Just spend less than you make. Make out a budget and stick to it. He recommends that you attack the smallest debt first without regard to the interest rates. I think that he is dead wrong.My [...] [...more]
Make sure you use a company that is a member of NFCC. Check here for one in your area: http://www.nfcc.org/. These are legit, non-profit credit counseling companies that offer debt management programs for a nominal fee. Looking for more information on credit counseling help [...more]
