Help! Debt consolidation?
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Help! Debt consolidation?
| Mon, 12-15-2008 - 4:27pm |
Has anyone heard of CareOne for credit counseling/debt mgt?
| Mon, 12-15-2008 - 4:27pm |
Has anyone heard of CareOne for credit counseling/debt mgt?
Don't do it!
I would encourage you to look for MMI which is a non-profit consumer credit counseling service. They will review your circumstances and will be able to tell you if they can help you or if BK might be a better choice. You'll be required to go through this review if you decide on BK anyway so you may as well start here. Nothing to lose. The consultation should be free, there should be NO pressure to sign with them and there should be a minimal monthly fee (like around $30) for them to do the program for you. You should not be asked to stop making payments, you should not be seeing huge price tags in the thousands of dollars for their 'help', you should not be hearing promises of huge reductions in your principal balance. They will go over your financials, tell you what they think they might be able to do for you in terms of negotiating with your creditors for lower interest rates and/or payments and they will also help you figure out budgeting.
HTH! Be very careful. If it sounds too good to be true, IT IS. There are tons of scams out there but MMI is the legit deal.
Peg
I don't know about this company but if