How do you know which debt settlement or debt consolidation program to choose, when theirs 1000’s out there?
Russ M asked:
How do you know which program is good and which one is right for you. I heard their is a way to check there beruo report or something, not sure what its called. How can you see the results and reputation of the debt settlement program or debt consolidation program.
Jerome
How do you know which program is good and which one is right for you. I heard their is a way to check there beruo report or something, not sure what its called. How can you see the results and reputation of the debt settlement program or debt consolidation program.
Jerome
April 10th, 2009 at 12:06 pm
For quality and effectiveness below you will find relevant links.
April 10th, 2009 at 11:42 pm
Call BBB in your state they have reports on everyone for you to review. Good luck and take your time to choose because some debt consolidation companies can make your credit worse.
April 12th, 2009 at 5:39 pm
Most of the debt repair/consolation/settlement companies want their fees up front and leave you credit trashed.
Check nfcc.org for listings legit non-profit credit counseling services. They can help you set up a budget and work out clearing up your debt.
You can tackle your debt yourself by putting every extra penny on the highest interest rate debt, while making minimum payments on the rest. When the highest is paid, move to the next, till they are all paid off.
It will take 2 or 3 years but if you work at it, you’ll be out of debt with a good payment history.
April 14th, 2009 at 9:12 pm
An extra fee can range from 1050 for all your credit cards are cancelled you go for every creditor this fee can range from 1050 for reputed.
An extra fee can range from harassing you would have to repay your creditors while others charge for the program and an extra fee is levied every month this will set you go for the advantage.