Q&A: What is the min. amount credit card debt you must have to do debt consolidation and is this a good idea?
What is the min. amount credit card debt you must have to do debt consolidation and is this a good idea?
I wanted to do credit card debt consolidation but I am skeptical if this is a good idea with the economy. I am very far behind on my credit card bills and the only reason I can’t afford them now is because the min payment has gone through the roof. The all together debt that I have is less than 2,000.
Best answer:
Answer by evie
Debt consolidation or debt management plan is not the answer for this amount of debt. Probably the best thing is to put your debts on to one card, usually the oldest, then try to get it legally cancelled altogether. If you go to www.bdebtfree.info they will help you.
What do you think? Answer below!
Slash Your Debt: Save Money and Secure Your Future -- Winning debt consolidation | US $4.97 (0 Bid) End Date: Thursday May-17-2012 12:25:32 PDT Bid now | Add to watch list |
Related posts:
- What is the min. amount credit card debt you must have to do debt consolidation and is this a good idea?
- Is this the way that a debt consolidation company works? They reduce the amount?
- Is Debt Consolidation a Good or a Bad Idea?
- Is debt consolidation a good idea or am i digging my self in a deeper hole?
- Credit Card Debt Consolidation Loans Introduced As a Remedy for Borrowers Struck With Credit Card Debts