answersLogoWhite

0


Best Answer

"Debt consolidation companies used to charge an upfront fee, but now the Federal Trade Commission bans this practice. However, given the recent push in Washington toward curbing federal industry regulations in all fields, this law may again soon change."

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Do debt consolidation companies charge an upfront fee?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Which companies can help one get out of debt?

"There are several debt consolidation services, such as Care One Credit. Also, many companies call themselves a debt consolidation alternative, such as In Charge."


How does non profit credit card debt consolidation work?

Non-profit debt consolidation companies are able to offer their services at little to no charge because of funding. They receive funding through donations and/or government grants.


What are some companies that will help an organization with debt consolidation?

Debt consolidation can be very helpful in avoiding bankruptcy but can also have its own set of issues. While there are companies that help with debt consolidation it's hard to find ones that are reputable.


Which is the best dept consolidation company in the usa?

I am personally not familiar with debt consolidation companies. However, the website, Top Consumer Reviews, has reviews of several debt consolidation companies that can help you decide with which ones to do business.


What type of company handles debt negotiation settlements?

Debt settlement companies will handle the negotions for settlement. Be aware that many firms will try and charge a fee upfront, this should not be neccesary.


What businesses offer consolidation debt free services?

Finance and cash loan companies will offer debt consolidation services, along with many banks, credit unions and building societies. Newer companies are now appearing that specialize only in debt consolidation.


Is there a charge for the consolidation?

Depends, if you choose to go for a non-profit organization of a debt consolidation company.


What are some companies that specialize in interest free debt consolidation in the US?

Some of the best companies that deal with interest free debt consolidation in the United States are the Nation Debt Relief, Curadebt, American Debt Enders, and CareOne.


What are the names of two companies in the US that offer credit card debt consolidation?

There are many companies in the US that offer credit card debt consolidation. Two of these companies include the Wells Fargo Credit Center and National Debt Relief.


How Free Debt Consolidation Can Help You?

When debt becomes overwhelming and it seems like there is no way out, it may be time to contact a debt consolidation agency. These agencies take your debt and, through a loan, pay off your existing creditors. In turn, you now pay the agency a monthly sum at a lower interest rate. Because debt consolidation has helped so many people, there are a few companies that actually provide free debt consolidation. These companies will provide consolidation services at no cost. Although they may charge a nominal interest rate on the loan to be repaid, it can still save you money. Most free debt consolidators are through local government offices or local banks, but private companies do exist that provide this service.


Are there any debt consolidation companies in the Atlanta GA area that can help you to get out of debt?

There are a lot of debt consolidation companies in Atlanta that can assist you. One is located at 55 Marietta Street and another at 175 Trinity Avenue.


Which companies offer federal debt consolidation?

Some companies which offer federal debt consolidation include Federal Debt Management Services. In the United States, federal student loans can be consolidated by the Department of Education.