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December 2009
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Archive for December, 2009

what are the difference between debt consolidation loans and using debt consolidation companies?

debt consolidation
toolate asked:


and how do i know the difference? or are there any differences?

Anette Fostervold

Is it still better to pay off the debt myself or continue to work with debt consolidation company?

debt consolidation
Augie40 asked:


I have accumulated a lot of credit card debt due to an illness and loss of employment. The amounts I was paying became so large that I couldn’t afford to make the mimimum payments so I decided to seek a debt management company. This has been going on for a year, but I don’t seem to be getting anywhere because the interest rates continue to climb on the accounts I’m not currently paying on.

Rosy Gutman

What is a good way for debt consolidation?

debt consolidation
Jake asked:


I am trying to get out of debt I have 5 card adding up to about $2500.00, and also a loan of $10,500.00. I am having a baby at the end of the year and would like to either get rid of this debt or consildate it to one payment that would be easier to pay off. thanks for the help

Numbers Spiegelman

Debt Consolidation – is there a way to keep any of the accounts?

debt consolidation
C.A.T.™13 asked:


I have 2 VISAs and a personal loan I want to consolidate into 1 payment. I don’t really want to lose one of the VISAs b/c it is in connection with my bank and tied to my checking. Also the personal loan is from a company that I am in very good standings with. Is there a way I can consolidate without losing the one VISA and reputation w/ the loan company?

Jonah Grant

Does anyone have reliable information about debt consolidation?

debt consolidation
Me Myself asked:


I was told that consolidation was better than filing bankruptcy. Anyone who knows of a good company that doesn’t cost a lot too will help. I don’t know much about this and any information will help. Thank you!
I was told that consolidation was better than filing bankruptcy. Anyone who knows of a good company that doesn’t cost a lot too will help. I don’t know much about this and any information will help. Thank you!

In RE:

Sarah H

Find a credit counseling agency. All of your debt, if you consolidate will be stretched out for more years and will in the long run cost you more. You need some one to teach you how to manage your debt and credit.

My RE:
Do you know of anyone who could teach me about managing my debt and credit?

Ivory Strecker

what is the difference between debt consolidation & credit consolidation?

debt consolidation
Karen X asked:


I am trying to find out if they the same service, or if they are two seperate services, how they work, which is better service to use and why, and a rough estimate of time and cost of these services.

Luciano Pawlak