Debt Management Info Blog

gangstaG asked:


I’m looking for the most reputable top knotch debt management company to go with to settle some debts from my younger years..I’ve heard stories though of people getting ripped off and scammed by these “so called companies” So can I ask out there anyone know a good company to go with?

atticusblack19 asked:


Last year I had an accident and had to stop working since that Ive struggled to keep up on credit cards, 2 months ago I applied for debt management. The 1st months payment they keep as deposit and then the 2nd months payment is split between your creditors, 1 of the creditors has accepted the offer, but one of them wont leave me alone they are saying that I still owe this money whilst the debt management programme is being set up the problem is I have given all my money to this debt management company (DMC) that has told me they will call them and talk to them which I think they do. The problem is this company keep on sending me letters saying that I owe them this money and its got to a Credit Reference Agency. I have called my DMC who have said they are waiting for their first payment (due any day) then they will discuss future payments and that as long as Im making a payment I can afford theres nothing they can do is this true? Im being told one thing from DMC and another from Credit

w.cawar asked:


I can not get in touch with them either at their Mount Street Branch or their head office can someone advise me if they have managed to get in touch with them and how I have also tried e-mailing etc.

AmberC727 asked:


This question is for homeowners who rent their houses. My husband and I are applying to rent a house. Our credit is not perfect, but we have taken a financial class and live on a strict budget now. We have not used credit cards in over 2 years. We are also working with a debt management company to pay our debt off responsibly. Also, my husband has an eviction on his history, thanks to his cousin who was supposed to turn in an application and have his name put on the lease and take over paying the rent when we moved two years ago. He did not, and skipped town, and we found out about the eviction a month later. We’ve written up a letter explaining all of this in detail, we have excellent rental history where we’ve been living for the past 2 years, and my husband has 2 full time jobs. We’ve also got about 6 personal references as well. Would you look past the credit score and the word “eviction” and rent to us? Any advice to improve our chances? Thank you!
I realize that my husband made a huge mistake by not making absolutely certain that his cousin had turned in the application and that his name was on the lease. I wish every day that we could go back and do things differently. That eviction was not for my husband’s refusal to pay the rent, it was a special circumstance. For all those with a “no eviction” rule…do you not look at the circumstances? We have YEARS of positive rental history with that one blip.

Javier169 asked:


Has anyone of you ever went throhg a debt management company to consolodate your credit card debt? What was the result and what company do you recommend? I am going to go through with it but I need some good recommondations of companies that worked for you. I have about 10k in credit card debt. (Yes…I was very irresponsible!)

elaine asked:


All of the debt management companies I have spoken with say that CashCall is considered a payday lender (even though I have a $5,000 personal loan) and cannot be included with credit cards.

zbfinlove asked:


Hi there, i am in big debt and i have approached a debt management company who were really helpful. Anyone been there and can give me advice before i go ahead? i have doubts

^TRZT^ asked:


Has anyone out there ever used this company before or know anyone that has ?
Im trying to get out of a 14k debt
Should I go with a Debt Management company to try and get this taken care of ?
I know there is a fee involved but they said it is no more than $30 a mnth.

I dont have 14 G’s to pay this off and I would hate to try and get a loan because thats what got me in this mess in the first place.
What is the best way to go ?

Susan T asked:


I have some bad debt that I am trying to get cleared up. I’m now on a payment plan w/a debt management company, but wanted to know if they will take that into consideration when it’s time to get my commission.

Snow W asked:


My husband doesn’t know and I don’t want him to. Is there anyway he can find out?