Archive for June, 2009

What is the best debt consolidation service?

Posted in Debt Consolidation Programs on June 5th, 2009 by admin – 1 Comment
Ruffus asked:


I have a few credit card that are past due and I’m not able to make the payments.

What is the best debt consolidation company to use?

Keep in mind, I’m not a home owner.
I’m not a student and actually I’m looking for a better answer than the obvious budget and make more money.

How can I get debt consolidation with hospital bills and non credit card debt?

Posted in Debt Consolidation Programs on June 5th, 2009 by admin – 1 Comment
A B asked:


I have a bunch of hospital bills that really cost me in credit scores. I really want to try to consolidate it but I can’t find anyone who does debt consolidation without credit card debt. Any suggestions?

debt consolidation?

Posted in Debt Consolidation Programs on June 3rd, 2009 by admin – 1 Comment
sherina d asked:


Hello all, I have a question regarding debt consolidation. I have about 15k worth of debt and have tried applying to two companies for a debt consolidation loan and was denied both times. I thought about trying what one of the other posters suggested , writing to the individual companies threating a voluntary bankruptcy order. I have about 10k in the bank, but I don’t want to borrow from that lender because I wouldn’t be able to use the money in my account. My credit is only good. What other options do I have? Thanks

What are the advantages and disadvantages of debt consolidation?

Posted in Debt Consolidation Programs on June 1st, 2009 by admin – 1 Comment
jimmyaven asked:


I have two credit cards that I have used over 5 years ago and never paid back. The total of the two cards FIVE YEARS AGO was $1000. Of course, by now, it should be close to $3000 because of all the interests.

What does debt consolidation do? More importantly, can it REALLY remove or reduce the interest that built up over the last 5 years?

When doing a search for debt consolidation services, I get THOUSANDS of results. Which debt consolidation services are better?

Detailed answers would be appreciated.
Update: Am I correct to assume that if I leave the debt as it is, I can have it completely wiped off my credit card two years from now as if it never happened?