Tag: consolidator

Mar 16

Debt Consolidation Non Profit Organization

  • March 16, 2010

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Debt Consolidation.?

I have between $ 11,000 and $ 12,000 worth of the debt, the three different credit cards. All card accounts credit has been sold to law firms. There is no way I could afford to do 3 different payments a month on them. What are my options? Should I go with one of those nonprofit organizations to consolidate my debt? I do not own a house or other property that could be used as collateral. I am sure that my credit is shot, so I'm open to all options.

The accounts are now in the hands of law firms, to call these companies directly and negotiate a monthly payment and interest rate. Ask how they calculate the interest in, such as daily, monthly, bimonthly, etc. Do not sign anything. Get Info profit-no credit counselors too. They want the money paid, pure and simple. Must be willing to go rock bottom on a monthly payment to avoid filing for Chapter 7 bankruptcy and end up with nothing.

Credit & Debt Consolidation : Non-profit Debt Consolidation

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Jul 14

Debt Consolidation Non Profit Organization

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What is the debt consolidation organization best to go with?

I am looking into these organizations. I want one that is nonprofit and is really going to work for me. Has anyone proven that they are happy and how it is used to reflect on my credit report?

Card Counselling always reflect credit on their credit. Negatively! If you follow your plan and get out of debt, it will get better in any case will take a year or more .. According to the amount of debt you have .. You can do what they do, just takes time, patience, a bit of Savoy. Read / investigation of how the cell debt or snowball debt Then call your creditors and reach an agreement to lower interest rate and stop charges. If you have something to give you at this time may settle for less than the amount. Verify that the duplication of accounts, write bureas credit, which will erase, not things that pay is more than two years age .. If you pay someone, you can take hundreds, sometimes over a thousand to do it right.

Darrin Roseborsky – Debt Consolidation Specialist

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