Can anyone tell me if there's a website that lists reputable and non-reputable reviews of credit counseling agencies, like who to avoid, who is a scam, etc.?
Also, is it true that if you do debt consolidation that it's the same on your credit report as filing bankruptcy? I mean, is there info tnat someone can point me to more about this? My credit report as it stands now isn't great, being that I owe so much, but I have never made a late payment on anything, so at *least* I have that.
Any info and websites would be very helpful!
Looking for info.
November 15th, 2007 at 11:04 pm
November 16th, 2007 at 03:14 pm 1195226054
One friend of mine who was in your shoes just walked into the bank she used for checking, asked to see someone, and said "I'm in a lot of debt and I need some help." They helped her consolidate to a reasonable fixed-rate loan and gave her other financial advice as well, all for free. She said it was great, no hassle at all. I suppose it makes sense. After all, you'll be paying the interest to them if they work it out for you, and you're a long-time customer, so it's in their best interests to help you.