me and my wife have about $17,000 in credit debt. im wanting to buy a house this summer, but am unsure if i should just keep trying to pay the cards down myself or take it all to a debt consolidation company? i don’t want my credit to get hit in a bad way if i do take it there, but if i don’t take it there i think my debt to income ratio will be to high to buy a house this summer? so does the debt consolidation thing really work and will it hurt me in any way(credit or payments)?
Posts Tagged ‘Debt Consolidation Company’
does taking you debt to a debt consolidation place hurt your credit?
Thursday, March 25th, 2010me and my wife have about $17,000 in credit debt. im wanting to buy a house this summer, but am unsure if i should just keep trying to pay the cards down myself or take it all to a debt consolidation company? i don’t want my credit to get hit in a bad way if i do take it there, but if i don’t take it there i think my debt to income ratio will be to high to buy a house this summer? so does the debt consolidation thing really work and will it hurt me in any way(credit or payments)?
Does anyone know of a really good/legit debt consolidation company that’s a non profit?
Tuesday, March 16th, 2010Not trying to get a loan with no interest. Trying to lower interest on money owed since it seems like 75% of what I’m paying back is interest, just feels like I’m getting nowhere.
Debt Consolidation question?
Sunday, January 24th, 2010Alright, so I hired a debt consolidation company about a year ago, under the promise that they were gonna help me eliminate 3 credit cards. All they’ve successfully done, up to this point is debt 75 bucks from my account every month to pay themselves. If there’s ever any communication I have to initiate it, etc. I’m sick and tired of these idiots with seemingly empty promises. I want to fire them and get my money back.
Is that an option? They promise being able to get a payoff on the various cards for a fraction of the actual amount. Can’t I do that by calling the collection agencies and negotiating with them over the phone? I wanna get these cards off my back (who doesn’t) but I’m feeling ripped off an am sick of it. Any suggestions?
Debt consolidation vs just paying credit card? What would you do if you were me?
Friday, December 25th, 2009Which is the better route to take?
I have $21,000 in debt spread out between 6 credit cards. I don’t use my cards anymore and I can probably pay this off in 2 1/2 years if I make $1000/month payments.
I called a debt consolidation company and they are willing to take on my case. They said they can reduce my debt to $11,700 and reduce my monthly payment to $326/month for 3 years but it will temporily hurt my credit score because they will settle with the credit card companies.
My credit score is 704-740. I hate to see that happen but I’m kinda struggling.
Does anyone know of a good debt consolidation company?
Wednesday, September 2nd, 2009Does anyone know of a good debt consolidation company? I really want to get out of debt and need help.
thanks
Can you refer me to a good debt consolidation company?
Tuesday, August 18th, 2009I have heard there are a lot of rip off debt consolidation companies out there, and I am just looking for one that maybe you have had a gopod experience with. If you could give me some suggestions, that would be great! Thank you!
Do debt consolidation company’s work and what do they do specifically?
Monday, June 29th, 2009$40,000 in debt with 4 credit cards, I have great credit and pay on time. Recently cc’s raised interest from 7.9 to 23% because they said too, much debt ratio. If I use consolidation will that affect credit and do they charge and are they just doing what I could do (like search for other credit cards with lower rates?)