What was your experience? Who did u use and did they really help you? Can they really lower payments and finance charges?
2006-09-12 07:52:39 · 1 answers · asked by Lea 4 in Business & Finance ➔ Personal Finance
A Friend of mine used a budget company, not credit card counseling service, but it really helped her and her husband pay off old debts. I would make sure they are registered with the better business bureau, etc. Also, know that if the company tries to get you to take out a home equity loan = DON'T. If you should fall on hard times, like get laid off, etc. you could lose your home. I have done bankruptcy, but don't do that unless you have no other choice and the amount you owe is significant. Bankruptcy can really mess up your credit. I would avoid credit cards if at all possible, and it should be possible.
Good luck.
2006-09-12 08:02:22 · answer #1 · answered by elizabethwalters 2 · 0⤊ 0⤋