City Press receives many complaints from people who believe they have been subject to a debt check without their consent. If you’re considering FreedomPlus for debt consolidation, it’s important that you do the math before you sign on the dotted line. If you’re looking for companies that offer debt management plans, ask about the monthly fee, the setup fee, how long it may take for the plan to be completed, and what types of debt you can include. Customers receive ongoing support throughout the process, including training and advice on debt management.
How do you qualify for a debt audit?
What it takes to service your debts, you’ll be in a much better position to determine your next course of action. Debt — 911 helps over-indebted people develop an affordable repayment plan that is acceptable to their creditors. However, it is important to note that there is no guarantee that creditors are willing to work with debt relief companies. With a debt management plan, you can usually pay your unsecured debts in full with credit cards, but often at a reduced interest rate or with waived fees.
Can I get a loan for the debt check?
Use Bankrate’s personal loan calculator to estimate monthly payments and review your budget to create a repayment plan. This type of loan is unsecured, meaning you don’t have to muster the security of assets (such as your house, car, or insurance policy) to get the loan. While a lower credit score means paying higher interest rates, it’s still possible to get a personal loan with bad credit by taking a few simple steps to improve your score and shop with multiple lenders.
References:
- Consider Debt Consolidation – Wells Fargo
- Best Debt Consolidation Loans Of September 2022 – Forbes Advisor
Barry Ritholtz is a renowned finance expert, author and blogger. With over 30 years of experience in the financial industry he has gained a reputation as a thought leader and influencer in the investment community.