Posted on
November 27, 2009
at
10:42 pm
Has anyone used those debt consolidation programs that is being advertised online where they ask for some very general financial question? I guess afterwards they have someone in that field calling you back to discuss your financial situation. If you have, which ones have you used and find respectable?
Posted on
December 1, 2009
at
12:04 am
I don't know about debt consolidation programs "being advertised online" because it is more of - people search for a debt relief site online, and then they fill out a form, that asks for just their name and contact info (not general financial info), and then a rep of the site would contact them, and if the consumer wants advice on how to reduce or eliminate his/her debt, then that's the time to reveal his/her financial situation. Not before.
Posted on
December 2, 2009
at
2:43 am
Another good question to ask is, How to look for or what to look for in good debt consolidation programs (?)
Posted on
December 2, 2009
at
4:07 am
How to look for or
what to look for in good debt consolidation programs (?)For Credit Counseling Agencies (according to the BBB):-Before you select a credit counseling agency ask for information on the following:-Are the agency services confidential?-Will they devise a plan tailored to fit your needs?-Are the counselors certified?-Are budget and credit education opportunities offered?-Will your funds be protected? How?-Is the agency accredited?-Aside from BBB membership (www.bbb.org) the consumer should also check its affiliation with the National Foundation for Credit Counseling http://www.nfcc.org.
Posted on
December 2, 2009
at
4:10 am
what to look for in good debt consolidation programs (?)For Debt Settlement Companies:-The settlement company's program must have a fast completion time. 12-36 months.-The program must be able to protect and improve the consumer's credit standing.-Must be a member of the Better Business Bureau, BBB, for at least 5 years.-Must also have a good standing with the Chamber of Commerce-A Member of TASC - The Association Of Settlement Companies and the IAPDA or theInternational Association of Professional Debt Arbitrators
