Archive for February, 2010
collection agencies or debt consolidation company?
cbbcountess asked:
my husband and i have around $5000 in medical bills that we would like to pay off. they are all with the same collection agency. would it be better if to deal directly with the collection agency or go thrugh a debt consolidation compay? i contacted a debt conslidation agency in my area and they informed me that even if the debt is paid it still stays on your record for seven years. if i deal with the collection agency is it possible to have them remove items as they are paid off? any advice on this would help greatly. thanks.
Jarvis Fargo
my husband and i have around $5000 in medical bills that we would like to pay off. they are all with the same collection agency. would it be better if to deal directly with the collection agency or go thrugh a debt consolidation compay? i contacted a debt conslidation agency in my area and they informed me that even if the debt is paid it still stays on your record for seven years. if i deal with the collection agency is it possible to have them remove items as they are paid off? any advice on this would help greatly. thanks.
Jarvis Fargo
Does Debt Consolidation Free up My Credit Cards?
curiouscale asked:
If a Debt Consolidation Company takes over my credit card debt does that then free up my credit cards? Or do my credit card companies cancel all the cards immediately?
If a Debt Consolidation Company takes over my credit card debt does that then free up my credit cards? Or do my credit card companies cancel all the cards immediately?
I actually intend to stop using the cards, but just in case I need them, will they be at zero balance once the Debt Consolidation Company comes in?
Thanks
Kelly
New homeowners need personal loan for debt consolidation and home improvements?
domonique_00 asked:
My husband and I closed on our first home on 8/31. Our loan was financed 100%. We are now looking to consolidate our credit and auto debt into one along with major home improvements that need to be done. . They total $35k. Where is the best place to go to apply for a personal loan or line of credit for at least $60, 000. Thank you for any insight!
Ted Perrott
My husband and I closed on our first home on 8/31. Our loan was financed 100%. We are now looking to consolidate our credit and auto debt into one along with major home improvements that need to be done. . They total $35k. Where is the best place to go to apply for a personal loan or line of credit for at least $60, 000. Thank you for any insight!
Ted Perrott









