Which is the best way to get out of credit card debt? Non Profit debt consolidation or For Profit settlement?
Question:
Answer:
Bad credit is one of the worst problems to have... however there exists a solution.
I will hereby talk from my personal experience.
I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details,
if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,
a good place to start in my humble opinion is astraight to the point ebook with question and answer I found :
http://umgarticles.atspace.com/debt-cons...
if it helps kindly remember me in your voting!.. cheers!
try paying off your credit cards
Non-profit debt consolidation is your best bet.
use discipline and pay cash for a change
I've has personal experience using a non profit in florida called Consumer Credit Management Services. I found that a non profit offers better customer service and no BS. When checking which company to use, make sure your first payment goes to your creditors and not to the company. I don't believe non profit are aloud to pocket the first payment anyways.
hey buddy, i had the same doubt till a couple of months back when my debt was piling up and i was so desperate to get help. First let me put forth the one big difference between a debt consolidation and a debt settlement.
Debt consolidation works for the creditors whereas the debt settlement companies work with and for their customers.
While i was doing research on both of them many suggested not to get into either of them because they will bind us in a time frame...but the fact is don't you feel safe when you know that you will be out of the debt burden in a relatively lesser time frame if you join a debt settlement company instead of struggling to clear them off which will take God knows how long?
I can suggest you a debt settlement company which worked with me through my journey to get the burden off my shoulders.
http://www.debtfreeafterall.com...
More Related Questions & Answers...