The rankings are based on debt services offered, time in business, complaints, associations, costs and service.
is a San Diego, California based company that services clients nationwide.
So if you stay in debt longer, you get a lower payment, but then you pay the lender more.
But the truth is the debt is still there, as are the habits that caused it—you just moved it!
Let’s say you have ,000 in unsecured debt, including a two-year loan for ,000 at 12%, and a four-year loan for ,000 at 10%.
Your monthly payment on the first loan is 7, and the payment on the second one is 3. The debt consolidation company says they can lower your payment to 0 per month and your interest rate to 9% by negotiating with your creditors and rolling the loans together into one. Who wouldn’t want to pay 0 less per month in payments?
Now there is no need to worry about which debt consolidation companies are reliable and which ones are not because we have done all of the work for you.
You really can not go wrong with these debt consolidation companies.