How do debt consolidation companies make money?
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
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
by pretty much bilking people further?
They charge a fee
The debt and then they make you pay them back like twice as much.
The creditors think you owe by 75.