i have some minor debt totaling around 6 pr 7 thousand, and im looking to combind all them and pay one low monthly fee to get them off my back, and not get ripped off.
2007-08-20 16:14:45 · 5 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
DO NOT DO THE CCC.
This will appear on your credit report, and most lenders consider it as a 'professional' bankruptcy.
It is better to speak to a lender not a CCC
2007-08-20 17:25:54 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Debt has become inherent part of our modern day lifestyle. Today the debt is spiraling out of control. This started when the credit card companies first began providing credit and many were enamored with the idea. However very quickly, many realized that the situation was not as glamorous as they thought, when they saw the rising number of the fees, penalties, and false charges. If you are not completely careful about the contents on your monthly statements, it is quite likely that you are paying for those items about which you are totally unaware. But now there is a way out. You can get help from many companies who aid the customer to retaliate.
Many companies now provide debt reduction as negotiation. These companies deal exclusively in calling up your creditors and cooperating with them to get a sensible settlement for you. Their first contact with the creditor is to inform them that you have entered the program and chalk out a plan where they make ...
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2007-08-23 07:48:50 · answer #2 · answered by matt j 1 · 0⤊ 0⤋
look you don't need to go this route -- why rob peter to pay paul == just downsize your life style a little and thrown the extra money at the one with the highest interest and pay off the minimum balance on the others till you get the debt paid off = go a cash pay plan -- if you have to reach in your wallet to take a ten out to buy a case of coker you might just opt for water!!!
2007-08-24 19:26:21 · answer #3 · answered by mister ed 7 · 0⤊ 0⤋
Consumer Credit Counseling Service also called CCCS. Helped my parents consolidate $75000 debt after opening their own business.
2007-08-20 23:21:45 · answer #4 · answered by Anonymous · 0⤊ 0⤋
There is a great place to go with this. I was in a very similar situation.
This is getting help from real people without the use of banks or credit card companies. Good Luck!
http://www.prosper.com/join/lzc5wh
2007-08-21 12:03:04 · answer #5 · answered by Anonymous · 0⤊ 0⤋