Posted on
July 21, 2009
at
12:17 am
i am behind on ALL my bills with mortgage, credit cards, meds, etc and i want to find out what the debt mgt company is so i can get them all taken care of. i would prefer working with a company that charges minimal fees and has quick results. thank you for helping me in my search and have a wonderful day
Posted on
July 21, 2009
at
12:52 am
Can anyone also help me on this? How can I know if a debt management company is "legit" and will not be only after my $??
Posted on
July 21, 2009
at
2:54 am
A company with a high rating and minimal complaints with the Better Business Bureau would work to your advantage. Basically it's a guarantee that they aren't after your money and that they have established a good working relationship between their customers. The BBB has very high standards in reference to quality and fair business practice, and they are a notable gauge on which companies to work with.
Posted on
July 29, 2009
at
2:56 am
I want to work with a company that won't expect me to pay much--i am already indebted as it is--who or where should i turn, what is the best debt management company for me? preferably a non-profit one as its called?
Posted on
July 29, 2009
at
3:14 am
Vera,Take note that just because a company is non-proft doesn't mean that it's legitimate. Some of these companies actually claim that they were non-profit in the hopes of gaining more customers--but after these customers sign up with them, they discover that they're required to make "voluntary contributions" and are immediately signed up to debt management programs, which should not be the case. If anything it's always best to check out the company's ratings on the BBB and if they're affiliated with the NFCC.
Posted on
July 30, 2009
at
2:33 am
I know that debt management companies also are able to reduce interest rates. I can manage making the monthly payments but the interest really is a killer. How much interest can they lower it down to? I currently have 26.99% and I find it really disheartening.
Posted on
August 11, 2009
at
2:29 am
Gomez:Depending on negotiations with the creditor, it may be lowered down to 15%, and it may also be possible for them to stop fees from adding up on your account.
Posted on
August 11, 2009
at
2:51 am
Wow! that's a good thing. and how long will it take for me to complete the program?Where can I find a good company to wotk with?
