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Debt Consolidation can lower your monthly ... - Faith and Finance

www.debtplan.org Debt Consolidation can Help avoid filing bankruptcy Eliminate creditor harassment Lower debt payments up to 50% Provide one monthly payment Once you?ve found yourself in debt it may feel like a downward spiral from which you don?t know how you?ll ever regain your footing. It?s hard enough to find simple answers and may seem impossible when the collection agencies constantly call your house and threaten the security of you and your family. Ultimately your decision to choose a debt consolidation loan or credit counseling program to consolidate debts, should be based on your own personal financial situation.
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S&P says to announce action on U.S. munis "shortly"
After stripping the United States of its AAA rating on Friday, S&P is looking at the impact of the country's debt consolidation plan agreed on August 2 on the budgets of states and municipalities, Beers said in a phone conference with clients and media ?
Read more on Reuters

Question by Alexys Nelda: What exactly happens to your credit if you do debt consolidation?
I have $ 7,000 in debt and I have heard about debt consolidation. Does this negatively affect your credit rating? Do you get to choose how much you pay monthly or is there a set amount they make you pay? I live in Canada, if that matters.

Best answer:

Answer by Lawyer
Try this site

http://Best-Financial-Consultation-USA.info

Here you can find the best debt settlement specialist that available in your area for free

Know better? Leave your own answer in the comments!

Source: http://cordei.com/2011/08/21/debt-consolidation-can-lower-your-monthly-credit-card-debt-payments-what-exactly-happens-to-your-credit-if-you-do-debt-consolidation/

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