2006-09-20 03:14:34 · 9 answers · asked by emeraldgreen6 1 in Business & Finance ➔ Credit
Hi there, I actually used to work for Debt XS and I can say that they are in it for the money. Personally, I wouldn't use them at all. Plus, if you use any kind of credit counseling service, it looks like bankruptcy on your credit report to lenders and it makes it very hard to get loans. Good luck with what you decide, and if you have any further questions on Debt XS, feel free to email me.
2006-09-20 03:18:26 · answer #1 · answered by aloneinga 5 · 0⤊ 0⤋
Bad idea. Companies will get money out of your interests, not out of charging you money directly. I would consolidate it all by "selling the debt" to some
clever company with whom you can discuss a better interest rate, they pay your debt off for you then you just pay them, they get some good interest, you pay a lower interest... both win.
But you don't want to trust just about anybody, read up on it, get ammo first then it'll be easier, here you'll find tons more info than I could possibly
post here. It'll take a bit but it's your money and well worth
taking your time over it
http://credit-cards.ebookorama.com
and here http://finance.ebookorama.com
also plenty more to read here
http://credit.ebookorama.com
http://credit-repair.ebookorama.com
if you get any luck please don't forget about me lol, hope it helped you!
2006-09-20 11:30:36 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I have never heard of this company, but there are several resources to help you find the answer to your debt problems. Visit www.BankRate.com. This website has several articles on different financial situations, and discusses the pros and cons of debt consolidation services.
2006-09-26 05:14:17 · answer #3 · answered by Daniel K 1 · 0⤊ 0⤋
No there are not a good company check them out on the BBB website
2006-09-24 10:05:17 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Not a good idea, it is just making more debt.
2006-09-25 20:55:28 · answer #5 · answered by RY 5 · 0⤊ 0⤋
if you have to pay, it is a rip off. all credit repair can be done for free and you can do it yourself.
2006-09-20 03:17:59 · answer #6 · answered by bella_4624_19 4 · 0⤊ 0⤋
bad idea
2006-09-24 04:28:40 · answer #7 · answered by Anonymous · 0⤊ 0⤋
nope
2006-09-20 03:15:52 · answer #8 · answered by prettythea90 2 · 0⤊ 0⤋
ITS A GOOD IDEA ,
UNTIL YOU ADD-ON THEIR FEEEEES ,
NO FREE LUNCHES
2006-09-24 20:45:48 · answer #9 · answered by s666teen 3 · 0⤊ 0⤋