Sentences with phrase «work through the debt consolidation»

From then on, they will only have to work through the debt consolidation company that represents them, and not through all of creditors.

Not exact matches

They will take you through free credit counselling sessions where they will teach you how you can work with debt consolidation agencies.

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Rather than incurring more debt via a debt consolidation loan to repay your creditors, you work out a repayment plan you can safely afford to pay back your creditors, usually through a not - for - profit credit counselling agency.

However, since debt consolidation happens through the acquisition of a new loan or line of credit, it will not work if your credit score is too low to be approved for the new credit.

If you're facing financial problems but aren't sure you want to work with a not - for - profit credit counselling agency, like Credit Canada, and meet with a certified credit counsellor, the best person to speak to is someone who's gone through the process themselves and successfully completed a Debt Consolidation Program (DCP).