| credit counseling service / debt management companies |
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champdog
New Member
Cash: $ 0.70
Posts: 3
Joined: 20 Jun 2006
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| credit counseling service / debt management companies |
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So I understand that a percentage of my lump payment that the service will disburse amongst my creditors will be keep as a fee.
There are a lot of different companies offering these services. One that I may be settling on has been around since 1966 and is in the BBB, they are called "credit counseling servie of Sacramento" AKA "BYDesign financial services" I inquired first at credit solutions.com and did not like their pushiness to get it done NOW.
My biggest question is that…. Do they work? Are there any companies that are superior to others as far as ability to get your rate down and/or have minimal fees? And when one is really at the point of seeing the end of the sidewalk what other choices do they have to avoid a lien, or bankruptcy.
And what about your overall credit after going through one of these services?
Thanks for you replies!
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Tue Jun 20, 2006 4:49 am |
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champdog
New Member
Cash: $ 0.70
Posts: 3
Joined: 20 Jun 2006
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Well I must say that after doing some research.... and gettting some input from y'all... My bro made a call to BofA credit and Chase and they have in house programs to help you thourgh hard times. He has had a disability for over a year now and his two cc bills were killing him. Well with the ptogram that the CC companies put him on it cut his monthly bill by a little over 50%.
The By design folks also suggest that he try that route before going for a DMP.
Thanks again.
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Wed Jun 21, 2006 4:21 am |
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cccfree
Full Member
Cash: $ 7.80
Posts: 51
Joined: 08 Mar 2011
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That's good you resolved this problem!
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Tue Mar 08, 2011 6:11 pm |
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