Oct 13
What are the advantages and disadvantages of debt consolidation?
Posted on Tuesday, October 13, 2009 in Credit
jimmyaven asked:
I have two credit cards that I have used over 5 years ago and never paid back. The total of the two cards FIVE YEARS AGO was $1000. Of course, by now, it should be close to $3000 because of all the interests.
I have two credit cards that I have used over 5 years ago and never paid back. The total of the two cards FIVE YEARS AGO was $1000. Of course, by now, it should be close to $3000 because of all the interests.
What does debt consolidation do? More importantly, can it REALLY remove or reduce the interest that built up over the last 5 years?
When doing a search for debt consolidation services, I get THOUSANDS of results. Which debt consolidation services are better?
Detailed answers would be appreciated.
Update: Am I correct to assume that if I leave the debt as it is, I can have it completely wiped off my credit card two years from now as if it never happened?
Allison
Jan 8
are there any debt consolidation service companies in the philippines?
Posted on Tuesday, January 8, 2008 in Credit
cricket asked:
i’ve heard and read about this debt consolidation services online but havent found any in the philippines. anyone know if this is available here?
Tom
i’ve heard and read about this debt consolidation services online but havent found any in the philippines. anyone know if this is available here?
Tom