You then make one monthly installment to the consumer
You then make one monthly installment to the consumer credit counseling agency and they then make your payments to each one of your creditors for you. The drawback to this method is even though they reduce your interest rate on your credit card accounts you could still pay back as much as 135% of what you actually owe. Life in debt sucks so find a good debt relief organization right away.
November 13th, 2008 at 3:05 am
[...] You then make one monthly installment to the consumer credit counseling agency and they then make your payments to each one of your creditors for you. The drawback to this method is even though they reduce your interest rate on your … Original post [...]