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
Therefore, I have about $ 3,500 in debt from credit card. What is the best way to pay? Does anyone have any experience with debt consolidation services seen on TV?
Chances are that there are two ways to consolidate your debts credit card. One way is credit card consolidation loan, which is a type of unsecured personal loan. When you have several credit card debt, you can consolidate into a lower fixed rate loan. You make a lump sum single payment each month to your credit counselor and he in turn will pay off your current creditors.The added advantage would be, but also improve your credit score and subsequent payments were made to pay new loan. Another way is credit card debt settlement plan in which a debt settlement company would negotiate a lower payment of lump sum payment to creditors and thus end up paying fifty percent or sometimes even less, the outstanding balance of them. I do not know about the services on television, http://ezconsolidation.com but I know a name I found in the search and helped me get off the debts. I hope this also helps …. Good luck
Sarah Palin: Week in Review – more scandals and lies
