Debt Management Class

Rachel asked:
I have been in a debt management program with a local credit counseling service for about 8 months. My parents have offered to co-sign a loan so I can pay off the cards. The loan with the bank is a lower interest rate than the cards and will pay them off [...]

Jennifer M asked:
So I am thinking debt management or debt consolodation would work better then bankruptcy, but my husband did debt consolodation about 5 years ago, and we were told it looks as bad as a bankruptcy. It actually negatively effects your credit. Is this true with all the companies?

EMB asked:
We are about to begin a debt management plan through CCCS. One of the first questions on the application is do you have over $1000 in medical bills. Why do they ask this? Will they help with these bills?

mom24athome asked:
I want to eliminate the rest of my credit card debt. I see the ads for debt management services where they work with your creditors to reduce your interest rates, then combine all of your debt together, where you pay them one payment per month. My husband thinks this will reflect [...]

Chixdiggit asked:
I’m currently in a situation where I’ve collected more debt than I can manage and the interest payments are staggering.
Besides telling me how I can better spend my money, I’m wondering how a debt management company could help me?
I own a house. Would they somehow tie the debt into my mortgage payments?
Basically [...]

emjaydee04 asked:
Im a 22 year old full time college student with a part time job. About three months ago I joined in charge debt solutions because I thought it would be easier for me to manage my credit card bills that way. However now after joining, I’m realizing that Im unable [...]

rejavanation asked:
I did an internet search and all lead me to already established debt programs. I want to set up my own debt management program, which can negotiate with creditors, consolidate loans etc… How do I get started?
I reiterate: There are literally thousands of debt management, consolidation, counseling website and resources. I am not [...]

dru asked:
(In detail, when a company does a credit check, does being in a debt management program effect the chances of employment? I have never been late with payments or went through bankruptcy. I signed up to reduce interest rates. Your honest feedback would be appreciated.

gangstaG asked: I’m looking for the most reputable top knotch debt management company to go with to settle some debts from my younger years..I’ve heard stories though of people getting ripped off and scammed by these “so called companies” So can I ask out there anyone know a good company to go with?

EMB asked:
I am looking into a debt management plan. We tried a home equity loan but our credit has gone down to far for it. The one that I just applied for said they save on average $125 a month….that won’t cut it. Anyone have been success than that? I [...]