Where Can I To Start Debt Consolidation That Works?
A reader asks…
HI, WOULD LIKE TO GET ASSISTANCE IN PAYING BILLS THAT ARE IN COLLECTION. I HEARD OF DEBT CONSOLIDATION BUT IM NOT SURE WHICH ONE IS THE BEST TO BEGIN TO PAY MY BILLS. I AM TRYING TO INCREASE MY CREDIT SCORE.
(Scroll down to read responses).
Similar Posts:
- How Do You Lower Your Credit Limit Without Lowering Your Overall Credit Score?
- What Is The Credit Score Threshold For A Credit Card?
- What Is The Best Credit Card To Apply For To Rebuild Credit?
- Has Anyone Worked With Any Debt Consolidation Company That Has Worked Or Is Working For Them?
- I Am Considering A Debt Consolidation. I Want To Know What Are The Best Companies To Go With? What Are The?
Related Stuff:
Tags: consolidation, debt, Start, Works
September 14th, 2009 at 3:52 pm
if you are late or have charge offs
consider you credit shot for 7 years
pay the biggest bill first
and work your way down to the least expensive bill
no amount of debt consolidation will increase your credit score
only time will heal your damaged score
September 14th, 2009 at 4:10 pm
First edcuate yourself about this before spending a dime . You can read great information here http://myfico.com or http://ftc.gov/credit The best place to me is a forum of your peers that are trying to do what you are that share knowledge free of charge http://creditinfocenter.com
September 14th, 2009 at 4:12 pm
There are no good ones they are all bad. You should get on a very tight budget and start paying off the bills.
September 14th, 2009 at 4:51 pm
Consolidating debt usually means taking a secured loan on your home to spread your debt over a longer period, the idea being that you have 1 low rate loan.
In practise this is the main reason for people having their houses repossessed.
Best advice is to go see the CAB