Debt Consolidation-Tips On Debt Consolidation Loans, Credit Card Debt Consolidation, And Non Profit Debt Consolidation

leelee041974 asked:


Has anyone used Federated Financial Counseling Services, Corp (out of Florida) to help with Debt Consolidation? They are based in Deerfield Beach-Florida. Are they a good company to work with? Are the reputable & trust-worthy?

I’ve tried dealing with my creditors, but they can’t help me.

Bruno Kovalaske

David M asked:


I am in debt with a credit card issued by my bank and the interest is killing me. How does debt consolodation work? If I do this, will my interest go down and will it affect my credit in any way?

Santina Dorl

immiji asked:


i m in credit card debts rite now and my current creditors charge me upto 30 pecent interest what are the best ways to get it worked out for example do u suggest me debt consolidation or debt settlement? which one is more preferred or if there is any pro and cons associated with any of those or if u have any other suggestions ? thanks

Perry Gordey

Eric F asked:


I wonder I always hear on the radio claims that company A reduced my debt from 40,000 to 10,000
How is that possible? And how do these companies make their money?

Audrie Lane

honibear35 asked:


I am about $20,000 in debt and I want to pay it all off and just start over. Please be serious about your answers. Any information will be helpful. Thank you

Jamar Egvirre

his temptress asked:


I have about $10,000 in credit card debt. The cards have been distroyed for about 9 months. I always pay more than the minimum amount due, never late payments etc. I cannot seem to make any headway. I pay almost $400 a month combined and it hardly does a thing. I have tried to apply for low/no interest cards to switch the balances but because I have too much “revolving credit” they turn me down. Then each inquiry into my credit to try and solve my problem also causes red flags on my credit report. My credit score is around 660 last time I checked. I am not a deadbeat; I am working really hard to fix this. I contacted debt management and they told me because I have decent interest rates and I am making payments they cannot help me. Is there some moderately weathly person who would personally lend me money at a low interest rate??? I just dont know what else to do.

Lyndon Leming

Billie G asked:


I am looking to consolidate a large chunk of debt, and I am hoping to lower my interest rate to 14 or 15%. Do any of you have any experience, and what might you suggest?

Long Whittington

Loon-A-TiK asked:


i have a lot of student loan debt and want to consolidate. however, i’m sure that because it is a private loan they’re going to run my credit. do you know what is the lowest score i can have to consolidate?
I don’t need debt management- my bad credit is the result of the ratio between my income and huge student loans. This totally messes with your credit. I’m working with a law firm to get this under control. I just need to consolidate my loans and while I can wait until my credit improves, I want to start saving money now.

Long Whittington

justlise asked:


Or are there other options I should be looking into? I am close to $60,000 in debt and make very little money. I **** to just pick a co. from an ad.

Bankruptcy is not an option available to me.

Dominic Kertis

Melanie B. asked:


I have about $6,500 worth of debt, my income after taxes is about 21,000 a year. Most of my creditors have closed my accounts (all of my credit is maxed out). I recently got my FICO score and it is 529 (very, very poor). I have called some companies that specalize in debt consolidation and I have been told that I do not have “enough debt”. I talked to a professional about bankruptcy and was advised against filing because I do not have “enough debt”. I am a renter, and do not have any assets that could be held for collateral. With my credit score being the way it is, and closed accounts on my credit record… what are my options?

Leon Jelden