Question and help!!
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Question and help!!
| Fri, 08-27-2004 - 8:32pm |
I have approached a Consumer Credit Counselling agency and they have drawn up a payment plan for me. I'm supposed to contact my creditors and get my balance for what I owe.
The CCC didn't include two debts I have: my tuition and my student loan. The payment plan they created makes it difficult for me to pay back those two items, and I'm not sure what to do!
Would it be better for me to negotiate with my creditors themselves? I have 2 cc debts with balances = 3000, but with interest making them about 5,000. If I negotiate with them on my own, is it true that they may not update that to my credit report? How does working with CCCs make them not do that?
I would appreciate any help/answers that you can give. Thank you very much.
Edited 8/27/2004 8:40 pm ET ET by knucklebone

Hi, I really don't know the answers to the questions here.
Becky
CL of 4th, 5th & 6th grade Scoliosis
Anyway, I would make sure its not for profit, and definately work out a budget and plan with a counselor. I got a lot of good advice.
Lisa
kel