Any debt consolidation ideas?
I have bad credit. Debt I would like to consolidate. Not a homeowner.
I am in the US.
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Depending on what country you live in, here’s my advice. This is for anyone based in UK.
Depending on the extent of your bad credit, a few companies that might be able to help are Welcome Finance, Blackhorse Finance, and Citi Finance.
Otherwise, you may want to consider the help of a debt management company. These are not always your best option as some may charge a fee. The CCCS are a free service. Their details can be foun online by doing a Google search.
Alternatively, contact your creditors directly to ask for reduced payments. My company are always happy to help customers experiencing financil difficulties. I work for Welcome.
http://www.debtconsolidationcare.com
This site is a wealth of information from users that have been through your situation and succeeded in correcting their problems. It does seem legitimate to me.
Is the debt in collections? How much debt? If the debt is in collections, you have a good chance to get it removed from your credit report. Ever looked into a unsecured loan from your banking institution? Make sure the interest rate on the unsecured loan is lower than the current debt interest rate. For more information call 561-205-8188.
http://www.daveramsey.com
Be very careful with debt consolidation. Most people who do it, end up with more debt because they don’t change their habits.
If you want to make a real change and get control of your money, I highly recommend that you read Dave Ramsey’s Book The Total Money Makeover. That book has changed my financial life!