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What else can I help you with?
When does one realisize they should get on some loan consolidation programs?
You should get on a loan consolidation program if you realize that your loans and credit are more than you can afford to pay individually. These programs can consolidate them into one monthly payment.
Does debit consolidation hurt your credit?
{| |- | There is a chance that using debt consolidation services might affect your credit. Some debt management programs, like credit counseling, show up on your credit report. Some solutions, like debt settlement, don't show up on your credit report, but by definition cause late payments. Most debt consolidation services are there to help you get out of debt, not to sustain your credit report or credit score, so you should priorotize what you really want in seeking debt consolidation help. |}
Do you know how to pay off credit card debt using a consolidation company?
Consolidation companies are a scam. If you contact your credit card companies directly many of them have programs that will lower your interest rates for a period of time so you can pay your balances off.
Where can one find information on free debt consolidation programs?
State Attorneys General and local consumer protection agencies provide a list of licensed credit and debt consolidation programs in the state or area and denote ones that offer lost-cost or free services.
What is a consolidation credit card?
A consolidation credit card is a credit card someone will pick to use as their sole credit card for everyday expenses which typically has the lowest interest rate or the best benefits such as cash back or miles rewards programs. Also, if someone has other credit cards with higher interest rates, they can often transfer balances and "consolidate" them onto a single credit card with a lower interest rate, therefore lowering their monthly payment, costs and in essence, making the card a "consolidation credit card".
What are the advantages of credit card consolidation?
Credit card consolidation consolidates all of ones debt. Credit consolidation makes it easier to pay off ones credit card debt with a lower interest rate than most credit card companies.
Who do I contact for Credit Card Consolidation?
If you have good credit, contact your bank and see about a debt consolidation loan. If not, seek out Consumer Credit Counselling Service (CCCS).
Where could one find information on consolidation loans for those with a bad credit rating?
There are a few places one can look for information on consolidation loans for those with a bad credit rating. One can find information from the websites 'Bad Credit Consolidation Loans' and 'Debt Consolidation Loans'.
What are some credit card payment consolidation hotlines that work?
Careone credit, Debt consolidation care, Consumer Credit and Debt Consolidation Services, Curadebt, Debt Options, and Net Debt all have three star ratings or higher for credit card payment consolidation. I would recommend any of their hotlines over competitors.
What are some good debt consolidation tips?
Credit debt consolidation can be a lifesaver, but do keep in mind that it will have nearly the same effect on your credit as bankruptcy. Not quite as bad, but you'll take a very significant ding. With a good job, you should qualify for one those programs, check with CCCS to get more information.
What is the normal balance of accumulated depreciation?
the normal balance of accumulated depreciation is "credit"
Does credit card consolidation show up on my credit report?
Yes, credit card consolidation will affect your credit score. It will show on your credit report for at least five years, it doesn't hurt as bad as bankruptcy however.
