Archive for the ‘debt counselors’ Category

Can some explain the true difference they seem the same to me. But I’m no expert.. how do they affect your credit and is it reported negatively on your report… help help help…. Don’t wanna make any serious mistakes..

I bet you have different ads in the states so this will go right over your head. After all what doesn’t?

I want to start getting out of debt so we can afford some stuff for ourselves. I feel like I need to pay these debts off and then think about what we need in our home. I mean we have food and clothes and all but, just the things that needs replacements like furniture. How do I go about getting out of debt quick but not paying everything at once? I really don’t want to deal with a debt counselor.

I’ve heard positive and negative stories about people using them to help reduce credit card debt. Looking for good examples of help.

I have never been late on credit card payments, as a result, I was given and have very high balances, and can no longer afford even minimum payments. I want to close all these accounts and see if I can negotiate a payment plan and minimize high interest rates.

My question is, am I better to resolve it with the credit card company direct, or use a debt counselor service?

PS: To complicate this situation, I got these credit cards using a ss# of my deceased father, which I know is wrong, and I know it is a crime, I just need to resolve it so it will quit causing me the severe financial problems and legal worries that I have (karma penalty perhaps, and I’ve asked for forgiveness). Thanks for your help or suggestion on how best to resolve the problem.

A co worker of mine said that she had several thousand dollars in debt and she said she is only paying a fraction.

Sounds too good to be true….
and.. she said that it was free from the state of california..

Like the debt counselors that work with your creditors to reduce your monthly payments. Does that look bad on your credit? Has anyone ever done this?
No they are not loans. They work directly with your creditors to lower your monthly payments. They don’t loan you money.

I have a lot of collections and old debt on my credit report and I have know I idea who or where to start paying. I need someone who can take my credit report and comb through it giving me a plan of action to tackle all of this debt. I know there are debt counselors and consolidators, but do they handle collection accounts that are years old? I really need help ASAP.

I am about 8 grand in debt, and need to pull myself out asap. Anyone have any ideas? Do debt counselors or debt relief companies really help?

My wife and I are really struggling with our credit card debt and
two car payments. We are falling behind further and further. One of our friends suggested that we go to a debt counselor to try to lower our monthly payments and combine some of our bills. Where do I find a local debt settlement counselor in my area?

Are debt/credit counselors all scammers or are there legit companies out there? Anyone know where to find a reliable source?

Do they really reduce your monthly payments?

Although they advertise free debt counseling, they are a company so they have to make profits but how do they do this? I teach high school business classes and would like a better understanding of how it works.