posted by on Nov 21

Debt Management
buckeye_babe95 asked:


Our family is faced with having to change dentists because of insurance reasons…..and the only ones covered under our dental insurance now are those who are affiliated with dental franchises—-like Allcare or Bright Now Dental, etc., we had gone to our regular dentist anyway but the insurance only paid him $22.50 of the $112 billed for a bi-annual cleaning, which should be covered 100% under our plan, so they billed us $30 each to the tune of $120. We can’t afford that twice a year PLUS why should we pay that for a service that should be 100% covered, that would just be bad money management.

So, I was wondering why would a dentist become affiliated with one of these franchises instead of opening their own practice? Does it have anything to do with their ability or test scores? Is it simply because they are in debt from dental school and can’t afford their own practice?

Does anyone have any input?
well we have no option BUT to go. We did/do have a private dentist, but he is not a provider under our plan. What is supposed to be 100% covered is costing us hundreds of dollars twice a year.

posted by on Nov 18

debt consolidation
ae asked:


If so please give me some pros and cons of using this.

posted by on Nov 11

debt consolidation
Corona asked:


Who did you use? Tell me the pros and cons about using them. Thanks.

posted by on Sep 8

debt consolidation
la428282 asked:


My debt is as follows:
Student Loans: approximately 25k
Credit Card : 5,500
Car Loan: 8k

I am about to enter my 3rd year in my first “real job” after college- and i think its time to get ahold of my finances. I am no longer taking loans (obviously) or using my credit card.. and my each religiously monthly.

But.. ive heard about debt consolidation loans and im confused:

1. do they lower your monthly payment?
2. Do they negatively affect your credit?

If someone could explain what they are, if theyd be good for me, pros and cons etc id really appreciate it!

thanks!

posted by on Aug 17

debt consolidation
Roderick C asked:


There has been considerable debate between two specific debt reducing options: debt consolidation and debt settlement (negotiation). I’m trying to decide which is the best option to select if one wants to reduce their financial debt (specifically credit card debt). I’m sure there’s pros and cons to both options, however which is more effective? Please advise.

posted by on Jul 25

debt consolidation
confusiongirl asked:


The payments would be more than what i pay out now for keeping up my credit but have 6 accounts in collection status. I have a new car, i may have to give that back to make payments to ccc services thus getting a repro on my record. Chapter 13 appears on my record for 7 years but i could manage to keep the car and i worry about problems down the road keeping up with the plan. The lawyer says he does not know at this point whether the plan will be 3yr or 5 until he looks at my total situation in more depth. Its a close call between the two. Chapter 7 is out because i dont want to risk losing my home due to equity accumulation.

posted by on Jun 28

debt consolidation
NightSlayer asked:


My parents have $44,000 (Canadian) in debt (mainly cause of stupid study programs they got duped into when they came here). Our family income is $3200 and our monthly payments are $3900. We do not own a house and we live in Toronto,

Now considering this do you guys think debt consolidation is a good idea. Has anyone tried it? How did you guys like it. Pros and Cons. Plz I seriously need an opinion on this issue!!

posted by on Jun 23

debt consolidation
Answerman asked:


These 4 options seem to be my top chocies:
1. Consumer Credit Couseling
2. Debt Consolidation
3. Debt Settlement
4. Bankruptcy

Please list any others in your answer if you think they are a better option.

Thank you
Why are the pros and cons of each option?

posted by on Jun 11

debt consolidation
sexycat_1984 asked:


pros and cons of debt consolidation. Is it better to lower my bills and interest rates or pay them off with a lump sum and just have one monthly bill?

posted by on May 12

debt consolidation
Blk Angel asked:


Hello, I am in desperate need of some advice as my situation is just getting out of hand. I used to have a credit score of almost 800 about 2 years ago. Now I dont even bother to check my score anymore. I made the mistake of getting some rental properties with ARMS. As time passed, bad tenants, rising interest rates and a recent wedding have REALLY put me upside down. I have tried and tried everything. A couple of my properties have nearly been foreclosed on. I have tried those firms that dispute credit issues but thats not helping out. The thing is, my revolving debt is really not that bad, I only have two revolving accounts, but they are maxed out. I just need to catch up on them and also straighten out my mortgages. I have thought of consumer credit counselling and wanted to know its pros and cons, any advice would be grateful. Thanks!