Finance and Forex Trading Forum Forum Index Finance and Forex Trading Forum
Get inside information on the latest stocks and moneymaking ideas!
 
   ProfileProfile   Log in to check your private messagesLog in to check your private messages  |  FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups Log inLog in   RegisterRegister 

Debt Reduction Methods: Debt Consolidation Vs. Debt Negotiat

 
Post new topic   Reply to topic    Finance and Forex Trading Forum Forum Index -> uk.finance
Author Message
Mishi
Guest
PostPosted: Thu May 29, 2008 2:06 am    Post subject: Debt Reduction Methods: Debt Consolidation Vs. Debt Negotiat Reply with quote
Debt Reduction Methods: Debt Consolidation Vs. Debt Negotiation

What is a debt consolidation company?

A debt consolidation company will make arrangements with your credit
collectors by acting as a mediator. Contacting a debt consolidation
company will get you lower rates and more agreeable terms in general.

But along with pros, cons are a part and parcel. You will be required
to cancel all your credit cards included in the plan; and you get
charged with a month’s administration fees and first pay of the
program. But for those who prefer paying all of their creditors with a
single payment, this is the best option.


Read full article:
http://www.consolidate4free.com/articles/TheClashOfDebtReductionMethodsDebtConsolidationVsDebtNegotiation.html


http://www.consolidate4free.com/debtconsolidation.html
Resources for Debt Consolidation


.
Back to top
Robin T Cox
Guest
PostPosted: Fri May 30, 2008 1:15 pm    Post subject: Re: Debt Reduction Methods: Debt Consolidation Vs. Debt Nego Reply with quote
On Wed, 28 May 2008 19:06:00 -0700, Mishi wrote:

Quote:
Debt Reduction Methods: Debt Consolidation Vs. Debt Negotiation

Debt Consolidation is not the answer.

http://blog.moneysavingexpert.com/2005/12/05/debt-consolidation-is-not-
the-answer-shame-on-you-alliance-and-leicester/
http://tinyurl.com/59gzf9

Consolidation plays into the hands of those who want to replace your
unsecured debts with secured debts, which lay you open to the risk of
losing your home.

There are better ways of dealing with debt problems.


--
Facts are sacred ... but comment is free
Back to top
Display posts from previous:   
Post new topic   Reply to topic    Finance and Forex Trading Forum Forum Index -> uk.finance All times are GMT
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


eXTReMe Tracker