Comments on: Has anyone tried debt consolidation or debt relief and how did it affect your credit? http://www.debt--relief--blog.com/credit/has-anyone-tried-debt-consolidation-or-debt-relief-and-how-did-it-affect-your-credit Blog topics covering all forms of debt relief Mon, 21 May 2012 03:22:15 +0000 http://wordpress.org/?v=2.7 hourly 1 By: farrell h http://www.debt--relief--blog.com/credit/has-anyone-tried-debt-consolidation-or-debt-relief-and-how-did-it-affect-your-credit/comment-page-1#comment-110 farrell h Tue, 28 Oct 2008 10:36:57 +0000 http://debt--relief--blog.com/credit/has-anyone-tried-debt-consolidation-or-debt-relief-and-how-did-it-affect-your-credit/#comment-110 Credit card debt consolidation counselors are experts with a good knowledge of debt management, budgeting and behavioral patterns of credit card holders. These services are vital for those struggling to manage their credit card debts. Also called credit counseling or debt counseling the credit card debt consolidation counseling brings immediate relief to a credit card holder. A person seeking credit counseling can get it from two types of organizations. The professional or commercial organizations, and the non-profit organizations. As depicted by its name or categorization, the commercial organizations charge money for their credit counseling sessions and consolidation help on the other hand the non-profit organizations offer free of charge services. Just because the non-profit organizations are free, it doesn't undermine their quality of service. The persons associated with such organizations are thorough experts and have lived the trauma of being under credit card debt themselves and hence bring their vital experience to the credit card holder. When a person approaches a credit counseling agency, the first thing it will do is to take stock of the situation and get various facts about the credit card debt. The credit counseling agency collects data about the income, expenditure and spending habits. It will guide the credit card holder about budgeting benefits and try to inculcate good financial habits. Read more from: Credit card debt consolidation counselors are experts with a good knowledge of debt management, budgeting and behavioral patterns of credit card holders. These services are vital for those struggling to manage their credit card debts. Also called credit counseling or debt counseling the credit card debt consolidation counseling brings immediate relief to a credit card holder.

A person seeking credit counseling can get it from two types of organizations. The professional or commercial organizations, and the non-profit organizations. As depicted by its name or categorization, the commercial organizations charge money for their credit counseling sessions and consolidation help on the other hand the non-profit organizations offer free of charge services. Just because the non-profit organizations are free, it doesn’t undermine their quality of service. The persons associated with such organizations are thorough experts and have lived the trauma of being under credit card debt themselves and hence bring their vital experience to the credit card holder.

When a person approaches a credit counseling agency, the first thing it will do is to take stock of the situation and get various facts about the credit card debt. The credit counseling agency collects data about the income, expenditure and spending habits. It will guide the credit card holder about budgeting benefits and try to inculcate good financial habits. Read more from:

]]> By: Zac http://www.debt--relief--blog.com/credit/has-anyone-tried-debt-consolidation-or-debt-relief-and-how-did-it-affect-your-credit/comment-page-1#comment-109 Zac Sat, 25 Oct 2008 15:19:22 +0000 http://debt--relief--blog.com/credit/has-anyone-tried-debt-consolidation-or-debt-relief-and-how-did-it-affect-your-credit/#comment-109 if you have great credit and have not been late dont go through credit counseling. If you cant make the payments then I would recommend it. if you have great credit and have not been late dont go through credit counseling. If you cant make the payments then I would recommend it.

]]> By: sophieb http://www.debt--relief--blog.com/credit/has-anyone-tried-debt-consolidation-or-debt-relief-and-how-did-it-affect-your-credit/comment-page-1#comment-108 sophieb Wed, 22 Oct 2008 19:25:29 +0000 http://debt--relief--blog.com/credit/has-anyone-tried-debt-consolidation-or-debt-relief-and-how-did-it-affect-your-credit/#comment-108 the purpose people go to places like Consumer Credit Counseling is to get the interest lopped off and for them to help you make payments (for which they charge a fee). Since you don't have interest then they won't accept you. I started that process once years ago and then realized that I could do exactly what they re doing but without paying them a fee, in fact I could pay myself the fee...haha So go to the Dave Ramsey website (he's a financial guru who has a radio show) locate him on the yahoo search engine. Basically he will say to stop digging a hole, get 2 and 3 jobs apiece, and eat beans and rice until you get those balances down. Figure out what you owe, your payments and how much you can pay month, figure in what extra things you will have to pay for, and be strict with yourself and don't buy anything new. You can do it. In no time that balance will be down. Call into the Dave Ramsey show if you have any question. He's superb at what he does. the purpose people go to places like Consumer Credit Counseling is to get the interest lopped off and for them to help you make payments (for which they charge a fee). Since you don’t have interest then they won’t accept you. I started that process once years ago and then realized that I could do exactly what they re doing but without paying them a fee, in fact I could pay myself the fee…haha

So go to the Dave Ramsey website (he’s a financial guru who has a radio show) locate him on the yahoo search engine. Basically he will say to stop digging a hole, get 2 and 3 jobs apiece, and eat beans and rice until you get those balances down. Figure out what you owe, your payments and how much you can pay month, figure in what extra things you will have to pay for, and be strict with yourself and don’t buy anything new. You can do it. In no time that balance will be down. Call into the Dave Ramsey show if you have any question. He’s superb at what he does.

]]> By: blue4vegas http://www.debt--relief--blog.com/credit/has-anyone-tried-debt-consolidation-or-debt-relief-and-how-did-it-affect-your-credit/comment-page-1#comment-107 blue4vegas Sun, 19 Oct 2008 22:40:47 +0000 http://debt--relief--blog.com/credit/has-anyone-tried-debt-consolidation-or-debt-relief-and-how-did-it-affect-your-credit/#comment-107 We are working with Charles Phelan from Zip Debt. We chose to make settlements on our cards...most were for about 25- 40% of amount owed. It does hurt your credit but can really help you get out of debt and move on with life. I recommend his program to anyone. We are working with Charles Phelan from Zip Debt. We chose to make settlements on our cards…most were for about 25- 40% of amount owed. It does hurt your credit but can really help you get out of debt and move on with life. I recommend his program to anyone.

]]> By: kazacan44 http://www.debt--relief--blog.com/credit/has-anyone-tried-debt-consolidation-or-debt-relief-and-how-did-it-affect-your-credit/comment-page-1#comment-106 kazacan44 Sun, 19 Oct 2008 11:59:59 +0000 http://debt--relief--blog.com/credit/has-anyone-tried-debt-consolidation-or-debt-relief-and-how-did-it-affect-your-credit/#comment-106 We used debt consolidation on the advice of our banker. We had a savings certificate, by the way, and she advised us to NOT cash it in to pay bills, but to use it for collateral and get a consolidation loan. We did that. six months later, when we went for a mortgage the SAME BANK (wjhere we had been dealing 8 years!) WOULD NOT GIVE US A MORTGAGE BECAUSE WE HAD A DEBT CONSOLIDATION LOAN!!! Apparenly debt consolidation loans are worse than missing a payment occasionally!! Yes, we changed banks. You would be better to follow Oprah's debt diet plan. If you have zero interest cards, you must know something that no one else does - unless they are deferred plans like for furniture and not just consumer things!! But, hey! If this is true and you are not paying any interest, then a consolidation loan would be plain STUPID. Why would you want to pay interest? Pay the minimums on all, then add a second payment to one of them until the debt is paid, then keep on going. Good luck. We used debt consolidation on the advice of our banker. We had a savings certificate, by the way, and she advised us to NOT cash it in to pay bills, but to use it for collateral and get a consolidation loan. We did that. six months later, when we went for a mortgage the SAME BANK (wjhere we had been dealing 8 years!) WOULD NOT GIVE US A MORTGAGE BECAUSE WE HAD A DEBT CONSOLIDATION LOAN!!!
Apparenly debt consolidation loans are worse than missing a payment occasionally!! Yes, we changed banks. You would be better to follow Oprah’s debt diet plan. If you have zero interest cards, you must know something that no one else does - unless they are deferred plans like for furniture and not just consumer things!! But, hey! If this is true and you are not paying any interest, then a consolidation loan would be plain STUPID. Why would you want to pay interest? Pay the minimums on all, then add a second payment to one of them until the debt is paid, then keep on going. Good luck.

]]> By: Daria L http://www.debt--relief--blog.com/credit/has-anyone-tried-debt-consolidation-or-debt-relief-and-how-did-it-affect-your-credit/comment-page-1#comment-105 Daria L Fri, 17 Oct 2008 11:20:51 +0000 http://debt--relief--blog.com/credit/has-anyone-tried-debt-consolidation-or-debt-relief-and-how-did-it-affect-your-credit/#comment-105 If you chose the right debt consolidation consulting company the results can be great I recommend: If you chose the right debt consolidation consulting company the results can be great I recommend:

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