Article Score0

I am trying to find out if they the same service, or if they are two seperate services, how they work, which is better service to use and why, and a rough estimate of time and cost of these services.

3 Thoughts on what is the difference between debt consolidation & credit consolidation?
  1. Reply
    July 25, 2011 at 2:20 am

    They are probably the same and they dont look good on your credit report. As for cost, they vary, but just take a percentage of the payment you make.

  2. Reply
    July 25, 2011 at 3:16 am

    From a technical standpoint, there is no such thing as credit consolidation. Credit is simply an unmonetized offer of purchasing potential. Simply put, you might have $ 10,000 as a credit limit, but it won’t hurt you until you use it and can’t pay it back. Debt consolidators look to combine your higher interest debt like credit cards etc, into a single lower interest payment. If you’re deep in hoc, this can save you hundreds per month. Make sure you’re dealing with someone reputable before you sign anything. Your state’s Better Business Bureau is a good place to start. Some states have credit counseling services available as well.

    Hope this helps!

  3. Reply
    July 25, 2011 at 4:15 am

    check these through and you’ll find all you want :
    and here
    also plenty more to read here
    good luck!

    Leave a reply

    Register New Account
    Reset Password