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Where can I go for debt consolidation and help with payments on my credit cards?
Wiki User
∙ 14y ago
I would recommend first checking with my bank to see what offers they have.
Wiki User
∙ 14y ago
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Is it best to pay off my credit cards or pursue debt consolidation?
Unless you have a very high amount of debt, it is usually best to pay off your credit cards. Although it is widely advertised as being "cheaper," debt consolidation often results in higher interest payments.
Do you have to include all credit cards in a debt consolidation?
No matter what company that you decide to go into, they will put up your credit report to see if you are eligible for debt consolidation. However, not all of them approve debt consolidation plans from credit counseling especially bank credit cards. First it will be a 3 month wait to see if they actually approve the credit counseling plan. After that, you will see payments begin posting. I will not agree to anything about no debt consolidation unless it is in writing and I can fax over my credit statements.
Can you use other credit cards when are in a proccess of Debt Consolidation?
It is not recommended to apply for new credit cards or use the ones that you told the debt consolidation company that you can't afford the minimum payment. What is the point of using credit cards when you are trying to get out of debt? If you use any of the cards that are in the process of debt consolidation, the company can end your contract and what are you going to do to get rid of your debt?
What is the purpose behind consolidation for debt from credit cards?
The main purpose behind consolidation for debt from credit cards is to combine all the debts into one payment and sometimes to lower the interest rate.
Does debt consolidation decrease credit card payments?
This is the Website that i found most helpful when looking for info on Does debt consolidation decrease credit card payments. here is the website www.bankrate.com/calculators/.../minimum-payment-calculator.asp... - Cached
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. |}
Where can I find good credit cards debt consolidation in Boston?
Boston Credit Card Debt Consolidation is one place boston.massdebtconsolidation.com 198 Tremont Street, Boston - (617) 401-8439
Is Debt Consolidation a backup plan of Credit Repair?
Debt consolidation is a very important part for credit repair. Debt consolidation is all about getting all your payments into one single payment. Actually it helps people those who have multiple bills or loans to pay. Debt consolidated and credit repair are considered very interrelated. One is incomplete without another.
Does debt consolidation help credit score?
If you are struggling with overwhelming debt and have too many bills and not enough money to pay them all then you should always opt for consolidation Debt consolidation lowers your monthly payments and helps you get your finances under control....!"
Are there any debt consolidation loans for people with bad credit?
Yes, there are plenty of debt consolidation loans for people with bad credit. These are especially designed to get all your loans and cards into one easy monthly payment.
What does bill consolidation consist of?
Bill consolidation helps you to get out of debt. It helps to lower different interest rates on credit cards and other expenses.
What steps are involved with debt consolidation help?
Debt consolidation is performed by a professional to help an individual pay off their debt. You can take out a loan to reduce interest rates on credit cards or other loans that you have out.
