What do debt consolidation companies offer for people who are in debt?

Question : What do debt consolidation companies offer for people who are in debt?
Can anyone tell me about debt consolidation companies and their services?
debt consolidation companies

Best answer:

Answer by scaramonga
a chance to end up worse than you were.

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Comments (4)
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#1 written by elfie hackner 1 year ago

If you want

* over 50% of your debt negotiated away
* become debt free as soon as possible
* Avoid bankruptcy
* reduce your total debt balanced
* one affordable monthly combined payment
* home ownership not required
* free quote with no obligation

Check this site,

http://Debt-Consolidation-USA.com

Here you can get free quote from all debt specialists that available in your area. It’s free and fast

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#2 written by Foremost authority 1 year ago

They offer you even more debt by charging you for services that don’t help one bit.

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#3 written by sweets 1 year ago

They are but yet another business venture. Be advised that the first goal of such a company is to make money for themselves. If people in debt seek their services, be advised that you come to the second. Remember , we are capitalist society-a dog eat dog world.

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#4 written by michaela 1 year ago

They will charge a fee to get your debts cleared. You have to be £15000 in debt for them to help you. Do not consider an insolvency option. The firm will arrange for say £300 a month to be payed for 5 years. Their fees are payed first trust me.The remainder will go to your creditors. The £300 will rise each year so it will be more like £500 a month.
At the end of the 5 years when you believe you are free of debt your creditors will still be able to chase you for the money you owe.
Bankruptcy is the best option. For a small fee you will be cleared of debt in a very short time. Both options ruin your credit rating however.

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