This is a list of the most frequently asked questions and answers about debt consolidation.

Q: What will this do to my credit?
A: It depends on your current credit situation. If you have poor credit, debt consolidation will improve your credit due to the fact you will now have reached an agreement with the creditors and your accounts will now be in good standings. If you have perfect credit, you may lose up to 75 points from your credit score, simply because you are no longer upholding your original agreement with the creditors.

Q: How much does the service cost?
A: Depending on the state you live in, there may be a small monthly fee ranging from $25 to $50.

Q: How does this benefit me?
A: Lower interest rates will get you paid off much faster and save you thousands of dollars. Along with lower monthly payments will allow you to keep up with your normal living expenses.

For more Questions and Answers call us Toll Free @ 1-800-936-9289. Our debt consolidation specialists will answer your questions at no charge and with no obligation.

 
 
 
   

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