looking for someone or some company that has a little more compassion trying really hard to pay off creditors already have garnishments cannot live on what i bring home need help.
2007-03-07 05:10:05 · 3 answers · asked by copycat 1 in Business & Finance ➔ Credit
I would suggest you to join a debt settlement company instead of a debt consoliation.
The main difference of settlement and consolidation is that a settlement company will negotiate with your creditors and bring down your principal debt amount by around 30% to 70% with NO interest rates and low monthly payments.
Whereas a in debt consolidation you will have to pay the full debt amount but u can make minimum monthly payments. They will also ask for a security of assets in order to join their program.
In a debt settlement company there are no such issues. They will also customize the monthly payments as to how much you can afford monthly.
Check this company. I have had the same situation and they helped me out.
http://www.debtfreeafterall.com
Good Luck
2007-03-07 07:15:34 · answer #1 · answered by Hima K 2 · 0⤊ 0⤋
go to debtnemesis.com and they will eliminate your debt for you. I had a credit card that i charged off and a collection company picked up the debt. The collection co. then tried to sue me for $12000 and the case was dismissed w/out prejudice. Their system works and I hope you look into it. Good Luck!
2007-03-07 05:13:38 · answer #2 · answered by Rhettski 4 · 0⤊ 0⤋
Before deciding to go for credit card debt consolidation, first find out if it is right for you. Start by totaling all the balances on credit cards and store cards and the APR charged on these balances. Be sure to include any other fees and charges applicable to the balance and even those levied if the balance is nil.
This will let you get an overview of all your debts on one sheet, to let you compare them at a glance. This information will give you a picture of the cost of each debt in terms of interests and charges and will help you in comparing it against the consolidation loan quotes that you will have to get later on to continue the comparison process further.
2007-03-09 00:15:30 · answer #3 · answered by jimko k 2 · 0⤊ 0⤋
capitol one works with ya and will give you a credit card and you but all your debts on it and just pay one sum every month. Also orchard bank does the same with low interest rate.
Go online to check them out they will give you diffrent options on the one that will work for you...
www.capitalone.com
www.orchardbank.com
2007-03-07 05:14:08 · answer #4 · answered by Alexis221 4 · 0⤊ 0⤋