Consumer Credit Directory – credit application

boxbeatle Question : What is the best method for consumer credit card debt relief ?
We started a program with “Consumer credit counselors” This progarm us pay the consumer credit counselors, they pay the credit cards each month. All they do is lower some interest rates. They do not negotiate the amount due. The payments are too high for us, so we looked into other alternatives. We found a company that will do things differently for less. They make you pay into an escrow account, and they pay each credit card individually. They say they negotiate lower balances and interest rates. The payment would be lower and the time gain halved. Does anyone know of any reason we should not do that? Are there other ways to better? WHAT IS THE BEST WAY FOR DEBT RELIEF FOR CONSUMERS GET without loans? Best answer:
Answer by

mustlovemovies101
Ask them if it will affect your credit rating too. I know a couple who did and they paid their bills in about 3 years. Oh, and whether they are a nonprofit organization. If so, you might be able to deduct what you pay them to do your taxes.