Loan Repayment – Worried you may lose your home for loan repayment?; What is a debt consolidation company that isn’t a scam?

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Question by stormywormie: What is a debt consolidation company that isn’t a scam?
I have debt, and it stands to reason that if you have bad credit, you can’t get a personal loan, so my only option is a debt consolidation company. If anyone has experience with this and used a company that turned out not to be a scam please let me know! Or if you know a company that screwed you over that would come in handy, too. Thank you!!

Best answer:

Answer by wg0z
even if not scams, they’re all a waste of time.
you dont get out of debt by dealing with these firms.

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Credit Card Debt Trap – Part 1 of 10; do I have to list all credit cards in a debt consolidation plan?

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Question by : do I have to list all credit cards in a debt consolidation plan?
I am thinking of doing debt consolidation , all the major credit cards I have have 20% + interests and I want help in lowering interest rate. Would I have to list all the credit cards I have? Or can I select the big ones with the high interest?

Best answer:

Answer by Kay
Full disclosure is needed.

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