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Debt consolidation can be helpful but it can also do more harm than good. You have to be able to make payments every month on good terms or they will drop you fast and you will once again be on your own trying to make horrible payments that got you into that situation in the first place. Always remember you cannot borrow your way out of debt.
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∙ 10y ago
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Does a consumer credit consolidation counselor make much money?
A consumer credit consolidation counselor is usually a nonprofit counselor for debt consolidation. Those who are paid typically charge astronomical rates to the consumer.
Where can I find consumer credit consolidation?
There are several places you can go for help in managing consumer credit consolidation. Your local bank or credit union would both definitely be able to help you with this.
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 can one find non-profit credit card consolidation?
One can find non-profit credit card consolidation by visiting the Consumer Credit Website, a company that specialize professionally in credit and debt counseling.
Where could one get free credit consolidation?
One can get free credit consolidation in many different places. Some companies that offer it are National Foundation for Credit Counseling and American Consumer Counseling.
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 benefits of consumer credit debt consolidation?
Some of the benefits of consumer credit debt consolidation is that once you speak to another person about your situation, the weight can be lifted off your shoulders. Also a second opinion always helps you to understand your situation more.
Where could someone find credit card consolidation services online?
You can find credit card consolidation services online at the Consumer Credit website. Once on the website, you can get help online or call them by phone at 800-769-3571.
What are the qualifications for a debt consolidation loan?
For a debit consolidation loan, the person being granted the loan must not have a history of bad credit or loan repayment and must be in effort to reduce their debt.
Where can I learn about debt consolidation?
There are many websites on the internet that offer information about debt consolidation. A few of these sites include: Money Supermarket, Lending Tree and Consumer Credit.
Which Canadian banks offer consumer credit consolidation?
RBC Royal Bank offers debt consolidation for consumers. A person can consolidate all of their credit card balances into a loan with a lower interest rate and save on interest rate charges.
Where can I find a credit card consolidation organization to help me with my debt issues free of charge?
In some cases your fees may be waived if you use Consumer Credit Counseling.
