If your creditors won’t deal with you, then they are not going to deal with any "debt management" companies either. A debt management company cannot do anything that you cannot do for yourself. A creditor has no legal obligation to work with debt management companies. Most so-called debt management companies are scams that take your [...] [...more]
Per your update…most credit card companies participate in CCCS…but not all do…it does not hurt to ask ————————————– If you’re talking about a non profit debt management plan like CCCS, then no….they only deal with credit card debt….Vehicle loans cannot be part of a debt management plan as these are secured assets. They have no incentive to [...] [...more]
Any company that you deal with could charge you thousands of dollars to help you. Dealing with credit card companies is common knowledge. Get a book on Debt and Credit Repair from your bookstore. They teach you step by step how to negotiate, settle, reduce interest rates, and other tricks. Don’t pay someone good money to do something you [...] [...more]
- Debt settlement means deliberately defaulting on credit cards to attempt settlements. This is a risky tactic..whether you do it yourself or you hire a debt consolidation firm to do it. Creditors are under no obligation to settle and cannot be forced to do so, even if you default. Given the amount of debt the [...] [...more]
What you need to know about debt settlement firms: Your credit card companies are not going to offer you settlements like 50%, for example, if you are current (not behind) on your payments. If credit card companies offered settlements to people who are current on their payments, then everyone would be calling them up and asking [...] [...more]
Debt is created fast and paid off slow. Versus saving slow and paying off fast when you save up money to pay for something. 1. You can manage your own debt with some instruction. see source below. 2. You overspent on your wedding already. You did not have any money to pay for it so you [...] [...more]
I don't know about THIS plan. I do know MOST are flat out scams. The rest CAN'T do anything you can't do on your own for FREE. Whatever they charge is better spent paying towards your debts. Need more information? Find information on credit card debt settlement [...more]
What you need to know about debt settlement firms: Your credit card companies are not going to offer you settlements like 50%, for example, if you are current (not behind) on your payments. If credit card companies offered settlements to people who are current on their payments, then everyone would be calling them up and asking [...] [...more]
Google trinity financial mission complaints or rip-off or google debt management program complaint it will open your eyes. Some of these companies take your money, tell you not to pay your bills, and they in turn do nothing. The thinking is that the cc companies will get nervous and settle. But it just [...] [...more]
Need more information? Find information on non profit debt [...more]
