Debt Management
January 23rd, 2010
Question: Debt Management Program the right way to go?
We are drowning in debt. So far we have managed to get our MINIMUM monthly payments out each month but we are getting no where. Would a debt management program be a good option for us? What exactly is it? Where do I find a reliable one to work with?
Answer: You are right paying the minimum payments will definitely not get you anywhere you'll end up just throwing extra money away to the credit card companies. I was in the same situation with about 18K in debt about 3 yrs ago. You can call Consumer Credit Counseling they're reputable and they've been around forever. They have a couple different programs to go with. I went with a consolidation plan and they lowered my interest rates and put everything into one monthly payment that i could afford, as of right now I have it all paid off and my credit is back on track. You can call them and they'll go over some options with you. Hope this helped! 1-877-343-5830
Church-based money management courses are growing more popular
When Lisa Williamson came to grips with a recent bout of severe depression, she decided that one way to do something about it was to address her credit card debt. "I know God doesn't want me to live like this, all stressed out and burdened about paying the bills," Williamson said. So the devout Christian turned to her church for help. Through some counseling she received at Savannah Christian ...
Sostalk Episode #1: Debt Management (With Slides)
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