Thursday, June 17, 2010

Consolidate debt?

Can you consolidate debt if some credit cards are already in collections and if one is wanting to sue you? Does anyone know of a good company that can help me? Also a bad credit score should not matter right? Thank you!



Consolidate debt?

Jessica ... You had better be very, VERY careful. There are many companies out there who pawn themselves off as credit counselors that can fix bad credit, erase debt, and things like that. They almost make it seem as though they%26#039;ll be able to fix ALL your problems, but for a small fee, that is.



Some have been known to go through the motions of doing a debt consolidation and they claim to have contacted your creditors to strike a deal that would be favorable to you. Then they say, just send a consolidated monthly payment to us and we%26#039;ll take care of the rest. BALONEY!



Try the Better Business Bureau web site at www.bbb.org . See the link for %26quot;Locate a Bureau%26quot; and contact them about finding a REPUTABLE financial assistance/advice organization. There are MANY resources out there; some are free.



Good luck.



Consolidate debt?

This site has very good information on debt consolidation....This can help you



http://consolidate-debtloans.b... Report It



Consolidate debt?

Probably only a loan would work at this point. If they are wanting to sue you, how do you know? Have they sent someone to your door and handed you paperwork?



Consolidate debt?

I think you should try one of the non-profit credit counseling agencies. They can negotiate with your creditors on your behalf, and they won%26#039;t charge you a fee. See Sources for a page that lists a couple of good agencies.



Consolidate debt?

The following site has a lot of good information on debt consolidation and a free consolidation quote feature



Consolidate debt?

Yes moneymanagement.org can probely help you out they helped us



Consolidate debt?

If you are a homeowner, check out:



www.totaldebtsolutionsllc.com

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