Are there any legitimate credit consolidation companies? ?
I’m looking to find a legitimate credit/debt consolidation company. I need to consolidate about $9k in unsecured debt from both credit cards and student loans. None of the payments are past due at this time.
In truth there are legitimate loans for debt consolidation but not really companies. Most companies doing this are frauds. Just go to lending tree.com or a similar load clearing house site.
Do some careful checking of your numbers. I suspect that the student loan is far cheaper left alone than combined with others. Also 9K od debt is so low you could simply pay it off if you were serious in short order. Consider all alternatives first. “Debt consolidation is nothing more than a “con” because you think you’ve done something about the debt problem. The debt is still there, as are the habits that caused it – you just moved it! You can’t borrow your way out of debt. You can’t get out of a hole by digging out the bottom. True debt help is not quick or easy.”
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