Posted on
March 16, 2010
at
3:00 am
debt counseling vs debt settlement - what is the difference?
Posted on
March 16, 2010
at
3:16 am
I'm not sure .. debt counseling could be referring to credit counseling anddebt settlement is that program that negotiates the total balance or the balanceitself - when the consumer's account charges off..
Posted on
March 16, 2010
at
6:10 am
If debt counseling be credit counseling - it negotiates the consumersinterest rates - and debt settlement negotiates the balance itself.
Posted on
March 16, 2010
at
6:15 am
Debt counseling (credit counseling) vs debt settlement - in terms of programduration (credit counseling 3-5 years) (debt settlement 1-3 years)
Posted on
March 16, 2010
at
6:35 am
Debt counseling (credit counseling) vs debt settlement - in terms of their program -(credit counseling is for people whose debt amount is not that high, less than$10,000, whose acct. is current, has a steady stream of income for 3-5 yrs) -(debt settlement is for those whose debt amount is $10,000 and above,whose accounts are close to or are past due)
Posted on
April 13, 2010
at
5:34 am
debt counseling vs. debt settlement - in terms of restrictions and limitations on their practice, per state? I think debt counseling wins. Some states are not friendly to debt settlement, states like : :::Giorgia/ Idaho/ Kansas/ Maine/ Mississippi/ Minnesota/ North and South Carolina/ Utah/ Wisconsin/ -- As to the why? - There really are no Federal laws regarding debt settlement so the states fend for themselves.
Posted on
April 14, 2010
at
9:17 am
debt counseling vs debt settlement - what is the difference?- debt counseling usually referred to as debt consolidation, lowers your interest rates and lumps all your unsecured debt into one monthly payment, debt settlement is used to eliminate large chunks of debt either lump sum or in installments.
