Archive for February, 2008

Do debt consolidation company’s work and what do they do specifically?

Friday, February 8th, 2008

cindy d asked: $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 [...]

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What company or companies gives out debt consolidation loans to people with bad credit?

Thursday, February 7th, 2008

eighb asked: I want to know if you personally found a company which considered your case and gave you a loan even though you have bad credit and outstanding balances. I have researched enough about counseling and debt consolidation loans. I just want to know who has actually gone through the process and [...]

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Bankruptcy vs. debt consolidation service - which is better - I just lost my job of 11 years?

Sunday, February 3rd, 2008

nonniegrrl98 asked: I was just laid off and am thinking about filing bankruptcy on my approx. $17,000 credit bills debt and let my home forclose @approx. $75,000 owed OR do a debt consolidation service on the $17,000 with out my home and just see what happens. I am scared as there are no jobs in [...]

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