I am looking to consolidate three credit cards int

I am looking to consolidate three credit cards into one payment, with a reduction in interest rates that will allow me to save money and pay them off quickly. How do I ensure that the debt consolidation company will make the monthly payments in time to my creditors? My biggest fear is that they won't, and then my credit rating will suffer. Thank you.

3 Answers

If you want to select a trustworthy debt relief company, then the given page may help you in this regard:
http://www.debtconsolidationcare.com/companies/usa-listing
 


Choose to work with an authentic company that reports your payments to the credit bureaus. You can either check their BBB status or ask for friends and family references through which you may come to know about the authenticity of the company that you're working with. Pull out your credit report often so as to check whether or not the payments are being reported to the credit bureaus.


Your credit is going to suffer anyways if you choose to consolidate as you are NOT paying as agreed.

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com/statute-of-limitation.html

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