Debt consolidation counselors are standing by to help you get out of debt by working with your creditors to lower your monthly payments and reduce or eliminate your interest and penalties! Call Now!
How many times have you seen that commercial on television or heard it on the radio while you were sitting in rush hour traffic on the interstate? Bad credit is big business for an ever increasing number of companies across the United States and while they promise you the world, you should know exactly what they can and can not do before signing on the dotted line.
The prevailing majority of bad credit debt consolidation companies are profit making organizations and as such they are “in it for the money“. Here’s a quick rundown of how they operate:
1. The debt consolidation counselor evaluates your existing financial situation including your credit history, existing debt and even your income.
2. When you enter into an agreement with the company, they will begin speaking with your creditors directly on your behalf, explaining who they are and working with them to lower your interest rates and stop penalties for...
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