American Debt Foundation
http://www.americandebtfoundation.com
Credit Counseling:
Under a consumer
credit counseling plan your
creditors may be willing to lower your interest rates and accept reduced
payments if you enter a debt repayment plan. Generally, in these plans,
you deposit money each month with the
credit counseling service.
Your deposits are used to pay your creditors according to a payment
schedule developed by the counselor. As part of the repayment plan, you
may have to agree not to apply for-or use-any additional credit while
you're participating in the program.
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American Debt Foundation
http://www.americandebtfoundation.com
Credit Counseling
Call Us Today For A Free
Debt Management Quote!
1(866)411-3328-
1(866)411-DEBT
A successful repayment plan requires you
to make regular, timely payments, and could take 48 months or longer to
complete. Ask the Maine credit counseling service for an estimate of the
time it will take to complete the plan. Some credit counseling
services charge little or nothing for managing the plan; others
charge a monthly fee that could add up to a significant charge over
time. Some credit counseling services are funded, in part, by
contributions from creditors.
Credit Counseling
American Debt Foundation
http://www.americandebtfoundation.com
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