ASAP Debt Help » Debt Consolidation

interested in debt consolidation but dont know where to start?

gitterdun — Wed, 22 Apr 2009 03:39:44 +0000

zarayray10 asked:

i am interested in having my monthly credit card payments put into one payment per month. i was very close to trying this but backed out at the last minute out of fear of being screwed over by a debt consolidation company. can someone explain how these companies work? has anyone ever used one? is it helpful?
do u pay the debt consolidation company a seperate fee? or do they include that within ur consolidated payment?

Carey

Anyone know any good way to get a decent debt consolidation loan?

gitterdun — Sun, 19 Apr 2009 02:38:24 +0000

Brad M asked:

I want to get a debt consolidation loan, WITHOUT using my home equity, but they are telling me my credit score is great, but by ratio is too high. Well, I want to consolidate all the CC debt I have, but it’s running me in circles. What’s the point of trying to get a consolidation loan if they won’t lend it to you because you have too much debt? Does anyone know of ANY bank or anywhere I can turn to that understands and can try and help me? Thank you for your help!

Conor

Do you have to be behind in paying to qualify for debt consolidation?

gitterdun — Fri, 17 Apr 2009 15:55:27 +0000

Sam asked:

Also, can a revolving line of credit (it’s also a atm card) be included in a debt consolidation? And can I choose to leave out a loan or specific credit card where I have 0%?

Konnor

If you don’t have a home or any assets how can you qualify for debt consolidation?

gitterdun — Fri, 17 Apr 2009 05:16:08 +0000

Nicole D asked:

What amount of debt qualifies for consolidation ? Also as stated, what if you have no home or assets?

Raymundo

Credit card debt consolidation companies, Anyone know of a good one?

gitterdun — Thu, 16 Apr 2009 10:04:02 +0000

nikki asked:

I’ve become over whelmed with my credit card debt and I’m getting those phone calls because I’m missing payments and such. Anyway I’m looking for a credit card debt consolidation company that doesn’t ***** people over, anyone know of any from experience or just know a good one?

Enzo

Where can I go to get free debt consolidation?

gitterdun — Wed, 15 Apr 2009 08:32:37 +0000

Teri M asked:

I need to lower all of my bill. I want to get into a free non profit debt consolidation.

Marisa

Is debt consolidation a good thing to do over bankruptcy?

gitterdun — Sat, 11 Apr 2009 04:05:02 +0000

Kevin B asked:

A friend of mine is considering doing debt consolidation and I’ve heard that these types of businesses may be crooked. Can someone give me their honest opinion on if it is a good choice for someone with an extremely bad credit rating.

Giovanny

Is this the way that a debt consolidation company works? They reduce the amount?

gitterdun — Wed, 08 Apr 2009 11:08:47 +0000

Cinnamon Cupcake asked:

What is a good debt consolidation company that will negotiate what you owe by negotiating with the creditor, and then you owe less than before to each creditor, but you owe them for one big new loan , to them for paying your debts?
So they are getting your debts down by negotiating and then give you a consolidation loan to cover the amount owed to them now?

Shamika

should my husband and i settle our debt or should we go through a debt consolidation?

gitterdun — Sun, 05 Apr 2009 13:25:10 +0000

cindi_chean asked:

We are about $2300.00 in debt with alliance one and i think $900.00 in capitol one. We have a debt consolidation with Federated Financial. But I was thinking that maybe we should just settle with both of the debts ourselves because federated financial charges $29.00 a month and it will take us like 3 years to pay it off, if we go through them. What is the best choice?

Abdullah

How does going onto a Debt consolidation repayment plan affect buying a house?

gitterdun — Wed, 01 Apr 2009 18:13:01 +0000

Cpt Doug asked:

We are looking at an unsecured debt repayment plan through a third party debt consolidation company. Can we buy a house while we are on that plan?

Kerrie