If
your total unsecured debt balances are less than $ 10,000, Consumer Credit Counseling is an excellent choice as your payments can be consolidated into just one, and typically, interest rates are reduced on your accounts.
A person's
total unsecured debt balances must add up to more than $ 5,000 to qualify for the program.
Not exact matches
Requirements include; —
Total accumulative
debt must be above $ 2,000 — Only
unsecured debt is eligible for the program — Individual account
balances must be above $ 200 per account —
Debts ranging from credit card
debt to student loan
debt is all qualified for the program (nearly any type of
unsecured debt qualifies)-- With
debt settlement, Rhode Island consumers must have a hardship
«The
total number of customers is relatively low, but the
balances that these customers carry amount to billions of
unsecured debt,» she says.
You only pay a small fraction of the
total balance owed on each
unsecured debt, including fees and interest.