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February 2012
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Archive for the ‘Marriage & Divorce’ Category

What is the difference between consolidation and debt settlement company?

debt consolidation
Bajan Mama -35 asked:


I called creditsolutions a minute ago and they told me that they are not a consolidation company. I told them that I have a debt for 16,000. They told me that they can get my debt company to settle for 9,800. and they charge a 15% fee. Does this sounds okay. Please recommend me to some other company but not consolidation I do not want to consolidate I want a debt settlement company. That I would still pay, I heard when these consolidation company pays for me It haunts my credit score.

Eula Jefcoat
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Have you ever consolidated your debt through a debt consolidation program?

debt consolidation
Baby#1 due August 17th ITS A BOY asked:


If so did it work for you? How long did it take to become debt free and how much of a fee did they charge? What are some good companies to go with?

Arnulfo Wojciechowski
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