Credit Repair Information

GamersLove asked:


I owe roughly $15,000 (between two cards). I was young and immature when it came to money and now I have to pay the price. I tried to get a new credit card to consolidate both balances but I was told in an application that my credit score was lowered by too many enquiries over a period of time (big bummer) so I can’t get a new card. I almost went with Capitol One, thats how desperate I was. But alas I’m still stuck with these two high interest cards. They’re college cards that I got when I was 18 (24 now). I tried to get the companies to lower the interest rate but they gave me a song and dance about the rates being on perma-set rate. So i need advice/help bad.

LOONEY

brentineros asked:


DEBT CONSOLIDATION AND MY CREDIT SCORE

LOY

cris_romy asked:


I have a debt for 20000 in credit cards I need to consolidate them into one payment.. What are the advantages and disadvantages with these companies??. How can I choose the right one/?? Waht should be aware of?? thanks..

KEENER

ng k asked:


I have trouble in handling my credit card debt lately, anyone here could enlighten me on resolving this issue? ( In local context, I’m Malaysian)

DUCKWORTH

just here asked:


If so, do you recommend it? What should I look out for? How does it work??

SAYLOR

davester asked:


I have about $16,000 of credit card debt on four different cards with APRs ranging from about 11 to 14%. I am not working now but have a job overseas waiting for me starting some time in March. Could one of these credit card debt consolidation companies be useful for me? I’ve seen the advertisements and their claims that monthly payments can be reduced, but would this raise the overall amount I will pay? How could one of these companies be of use to me and how could I go about finding a good one? Any recommendations for a particular company? Thanks in advance.

BAIN

Shhhh asked:


Can anyone recommend a good, legit credit card debt consolidation for the state of NJ. I need to consolidate a few cards and I always hear bad things about these services but i really need one payment for all cards. Any recommendations in NJ?

EASON

bRIAN M asked:


I just finished grad school with a significant amount of credit card debt (approx $8,000) spread amongst three cards. They were student cards when I opened them so the interest rates are disgustingly high. My three banks cannot currently lower my interest rates even though I have graduated and got a good job making a decent salary.

I am not fool and I want to pay these cards off as quickly as possible at the lowest rate possible. I am interesting in learning more about credit card consolidation services.

Mostly I want to know how using one would affect my credit score. My score is good (low 700s) and I do not want to affect as I hope to buy a home in the next 2-3 years.

Does anyone know the effect of debt consolidation and does anyone have recommendations for reputable services?
thanks!
I just finished grad school with a significant amount of credit card debt (approx $8,000) spread amongst three cards. They were student cards when I opened them so the interest rates are disgustingly high. My three banks cannot currently lower my interest rates even though I have graduated and got a good job making a decent salary.

I am not fool and I want to pay these cards off as quickly as possible at the lowest rate possible. I am interesting in learning more about credit card consolidation services.

Mostly I want to know how using one would affect my credit score. My score is good (low 700s) and I do not want to affect as I hope to buy a home in the next 2-3 years.

Does anyone know the effect of debt consolidation and does anyone have recommendations for reputable services?

(To be clear, I am talking about a consolidation LOAN not a consolidation management program. I understand the difference)

KRUEGER

askerneedogs asked:


I have dug myself into $7500 worth of credit card debt and the only way out is credit card consolidation for three years to get out of debt has anyone ever went with one of these companies I have heard different stories that in the long run it could effect your credit score any info would help one last thing im thinking of going with this company http://www.creditsolutions.com

JARRELL

valentinrobert1 asked:

Learn how debt settlement works and why you should enroll! … “debt settlement” “credit card debt relief” “credit card consolidation” “credit card reduction” “debt settlement company” “debt negotiating” “debt negotiations” “debt reduction” “debt free” “debt solutions” “debt help” “elimination debt”

BRODERICK