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Do you have to include all credit cards in a debt consolidation?
Wiki User
∙ 11y ago
No matter what company that you decide to go into, they will put up your credit report to see if you are eligible for debt consolidation. However, not all of them approve debt consolidation plans from credit counseling especially bank credit cards. First it will be a 3 month wait to see if they actually approve the credit counseling plan. After that, you will see payments begin posting. I will not agree to anything about no debt consolidation unless it is in writing and I can fax over my credit statements.
Wiki User
∙ 11y ago
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Can you use other credit cards when are in a proccess of Debt Consolidation?
It is not recommended to apply for new credit cards or use the ones that you told the debt consolidation company that you can't afford the minimum payment. What is the point of using credit cards when you are trying to get out of debt? If you use any of the cards that are in the process of debt consolidation, the company can end your contract and what are you going to do to get rid of your debt?
What is the purpose behind consolidation for debt from credit cards?
The main purpose behind consolidation for debt from credit cards is to combine all the debts into one payment and sometimes to lower the interest rate.
Is it best to pay off my credit cards or pursue debt consolidation?
Unless you have a very high amount of debt, it is usually best to pay off your credit cards. Although it is widely advertised as being "cheaper," debt consolidation often results in higher interest payments.
What are the names of two companies in the US that offer credit card debt consolidation?
There are many companies in the US that offer credit card debt consolidation. Two of these companies include the Wells Fargo Credit Center and National Debt Relief.
Are there any debt consolidation loans for people with bad credit?
Yes, there are plenty of debt consolidation loans for people with bad credit. These are especially designed to get all your loans and cards into one easy monthly payment.
Can you use other credit cards when are in a proccess of Debt Consolidation?
It is not recommended to apply for new credit cards or use the ones that you told the debt consolidation company that you can't afford the minimum payment. What is the point of using credit cards when you are trying to get out of debt? If you use any of the cards that are in the process of debt consolidation, the company can end your contract and what are you going to do to get rid of your debt?
What is the purpose behind consolidation for debt from credit cards?
The main purpose behind consolidation for debt from credit cards is to combine all the debts into one payment and sometimes to lower the interest rate.
Where can I find good credit cards debt consolidation in Boston?
Boston Credit Card Debt Consolidation is one place boston.massdebtconsolidation.com 198 Tremont Street, Boston - (617) 401-8439
Is it best to pay off my credit cards or pursue debt consolidation?
Unless you have a very high amount of debt, it is usually best to pay off your credit cards. Although it is widely advertised as being "cheaper," debt consolidation often results in higher interest payments.
What are the names of two companies in the US that offer credit card debt consolidation?
There are many companies in the US that offer credit card debt consolidation. Two of these companies include the Wells Fargo Credit Center and National Debt Relief.
Are there any debt consolidation loans for people with bad credit?
Yes, there are plenty of debt consolidation loans for people with bad credit. These are especially designed to get all your loans and cards into one easy monthly payment.
What does bill consolidation consist of?
Bill consolidation helps you to get out of debt. It helps to lower different interest rates on credit cards and other expenses.
Where can one get a credit card consolidation loan?
There are many companies that offer credit card consolidation services. Some of these include National Debt Relief, CuraDebt, and CareOne Debt Relief Services.
What steps are involved with debt consolidation help?
Debt consolidation is performed by a professional to help an individual pay off their debt. You can take out a loan to reduce interest rates on credit cards or other loans that you have out.
Where can one find more information in regards to debt management consolidation credit cards?
Information regarding debt management consolidation can be found through credit counseling. An advisor will be able to handle any questions someone may have about consolidating their debt.
Where can I learn about debt consolidation?
There are many websites on the internet that offer information about debt consolidation. A few of these sites include: Money Supermarket, Lending Tree and Consumer Credit.
What is the best way to pay off 56000 dollars of debt from 7 credit cards when it is already in collections?
Debt Consolidation. Google that term.
