Debt consolidation through credit counseling services consumer? Necessary information.?
I have approximately $ 2,000 of credit card debt that absolutely need to get paid. I talked to the credit counseling services consumer, a debt consolidation company, http://www.cccsstl.org/ and this is what they told me: Basically my payments would be reduced to about $ 130 a month for a total 3 cards to get my low interest rates between 6 and 10%. I pay it in two years instead of 8 as I am unbound. said the $ 130 per month includes pay a monthly fee of $ 49 directly to the credit counseling service for help and services. Is that normal when consolidating? Is that legitamet? I just would have to pay $ 80 more a month on credit card debt real and not a lot like me. Anyone have any knowledge in this area? Is the consolidation of a smart thing to do and what hurts your credit in any way? Is there a smarter way of doing it? LONG sorry and thanks!
I put this in the Source box. There is a wealth of information there and a great free program debt management software. I bookmark the site as I return to it often for the advice it offers. Hope this helps.
Credit Card Debt Negotiation for Easier Debt Relief
