Should I Do Debt Consolidation?

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Should I Do Debt Consolidation?

we used to be friends. a long time ago Rep Points:

Posted on September 8, 2009 at 4:53 am

What I owe is less than 20 thousand with varied interest rates- I heard that with debt consolidation- in three years I'd be debt free, should I do debt consolidation? How much would it cost me?

x and y Rep Points:

Posted on September 8, 2009 at 5:06 am

"Should I Do Debt Consolidation?"It depends on what you want to achieve..are you already past due on your accounts or you're thinking of doing debt consolidation because that's exactly what you're trying to avoid?

Georgir Rule Rep Points:

Posted on September 8, 2009 at 5:24 am

If your income is steady- down the road, there is a better question to ask than "Should I do debt consolidation?" - it's how to find a good debt consolidation company?

Hellas Rep Points:

Posted on September 8, 2009 at 5:36 am

To answer your question - how much it's going to cost you -companies usually ask for an administrative of $25-$50, typically, anything outside of that range is not a good sign.

pocketfulofsunshine Rep Points:

Posted on September 8, 2009 at 5:43 am

With a debt amount of more than $10,000, 'should I do debt consolidation?' - is perhaps not the better question to ask. It's "will that amount qualify for debt settlement?" The answer is yes, granted that your accounts are mostly nearing past due or are already past due.Debt consolidation companies help to eliminate penalties and fees that accrue on unpaid bill- but debt settlement companies can cut your total amount to more or less half.