Is it wise to use a debt consolidation company to reduce the payoff on my home?
Full Question:
I have $43,000 in credit card debt. I make larger than minimum payments and am current. My income has decreased greatly and most of the debt is from funding my rental account for repairs and updates. I called the bank but was told the payoff was not negotiable. Should I employ a company that advertises a 60% reduction in payoff?
05/20/2009 |
Category: Debts and Cr... ยป Credit Repair |
State: Texas |
#16730
Answer:
It is important to choose a reputable company. It is important to review the terms of the contracts involved and all fees and contingencies that may apply. There is an excellent free information site on asset protection for every state at the following website:
