Debt Consolidation Plans

Consolidation Plans

Also called Credit Counselor programs, Bill Paying Services, Budget Service Company programs, Consolidation Programs, Reduced Interest Payment Programs, One Pay, or Debt Management Company Plans)

Some debt management company plans are not consolidation loans, they call their product a “consolidation plan” or “bill paying service”. They are simply bill paying companies that restructure [...]

Review of Loans and Consolidations

You should never in a million years sign any contract that does not have full complete disclosure of all the facts. Don’t start a consolidation loan or program unless the APR is less than your current debt. If you do get a consolidation loan instead of a consolidation program, close all your accounts first. [...]