Answers level
Debt Problems

Is DMP the best choice for me?

I have a debt of around $4500. I live from paycheck to paycheck. As such, it is quite difficult for me to make timely payments. I have missed only 2 payments till now. I am planning to go for DMP. It seems to be a good option to me. Am I right in thinking like that? I am not still confident about it. Please advice.

Asked on Fri, 08/12/2011 - 17:23
anonymous
2 Answers

I think the best option will be to negotiate with your creditors on your own. Explain your financial situation and find out whether or not you can qualify for a hardship program.


http://www.facebook.com/?ref=home#!/profile.php?id=100002227460566
Answered on Sat, 08/13/2011 - 09:44
Good Nelly

I think you can go for debt consolidation. This is because it helps you to replace your multiple bills into a single monthly payment. It doesn’t have any negative impact on your credit score.

Answered on Fri, 08/12/2011 - 17:34
sandra.nelson15

Write Your Answer

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
What is the sum of 2 and 0


About Us | Contact Us | Privacy Policy | Affiliate | Sitemap | Espanol | RSS Feeds | Terms of Services | Newsletters

Copyright © 2015 DebtConsolidationCare | 301 W. 11th Street Unit E , Reno NV 89503 , United States

Inter Next Technologies, Inc., Internet Marketing Services, Reno, NV

* Disclosures:

  • By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  • Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
  • Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  • Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  • The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.

Page loaded in 1.118 seconds.