Archive for May, 2009
How good is debt settlement over debt consolidation? Is it a more reliable method? ?
Brenda asked:
What I am interested to know is if Debt Settlement really works and if you know of anyone who has been through it.
Tristan Crotwell
What I am interested to know is if Debt Settlement really works and if you know of anyone who has been through it.
Tristan Crotwell
Debt consolidation will leave you with a huge debt ratio, and close all your credit cards?
?&? Recycle ?&? asked:
When you consolidate debt, it shows all old debts as being paid, etc, but the one new debt ratio, which is the amount being owed to the consolidation company will be huge. QUESTION: Does It lower the credit score to have a huge debt ratio like this?
OTHER QUESTION: and you also want to have say, 3 credit cards, (3 of them is the number you want to have a good credit profile, right), then the debt consolidation companies close your credit cards or do they not? How does it work
Lacy Arneson
When you consolidate debt, it shows all old debts as being paid, etc, but the one new debt ratio, which is the amount being owed to the consolidation company will be huge. QUESTION: Does It lower the credit score to have a huge debt ratio like this?
OTHER QUESTION: and you also want to have say, 3 credit cards, (3 of them is the number you want to have a good credit profile, right), then the debt consolidation companies close your credit cards or do they not? How does it work
Lacy Arneson
Is Debt Consolidation the Best Way to Go and If So How Should I Go About It?
awise0204 asked:
Like I am in about $20,000 in debt and I was thinking about consolidating all of it into one monthly payment. If I do decide to do it, I really would like to know how everything will show up on my credit report after everything is said and done.
Enola Alterio
Like I am in about $20,000 in debt and I was thinking about consolidating all of it into one monthly payment. If I do decide to do it, I really would like to know how everything will show up on my credit report after everything is said and done.
Enola Alterio
Does anyone have any info on debt consolidation loans?
ml asked:
To make a long story short in exactly 1 year my husband and I went into $11,000 in credit card debt. I make every payment on time but sometimes can only make the min. payments and we have 6 credit cards. Does anyone have any info on debt consolidation loans? Or anything? Thanks
Mason Paywa
To make a long story short in exactly 1 year my husband and I went into $11,000 in credit card debt. I make every payment on time but sometimes can only make the min. payments and we have 6 credit cards. Does anyone have any info on debt consolidation loans? Or anything? Thanks
Mason Paywa