But you can also consolidate debt
with a debt consolidation program known as a debt management plan and another one with a slightly different debt relief approach called a debt settlement plan.
Since you have no equity, you can would be unable to use your home as collateral for consolidating credit card
debt with a debt consolidation loan or mortgage refinancing.
But,
as with debt consolidation program, this should be a temporary effect, because your credit score should improve once you have paid off your existing debt and have more available credit.
They have operated for over 20 years and assisted more than 5 million
people with debt consolidation, financial planning and debt reduction by up to 50 percent.
When
consulting with a debt consolidation specialist, be sure to ask ample questions and double - check the information they are providing with their website, email, and any other communication method.
With debt consolidation all your debt will be negotiated and thus, the consolidation agency will make sure that you can afford the resulting monthly payment.
Those who engage in
transactions with Debt Consolidation Programs are asked to provide additional information, including as necessary the personal and financial information required to process those transactions.
Certain visitors to Debt Consolidation Programs websites choose to
interact with Debt Consolidation Programs in ways that require Debt Consolidation Programs to gather personally - identifying information.