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Richmond, VA - "debt consolidation" search results
About Debt Consolidation
It can be very stressful to be in a lot of debt and not to know how to get out of it. There are financial ways to resolve debt problems. Many people find themselves owing a lot of credit card debt and or medical bills. Controlling the debt and lowering it substantially can be done through local debt consolidation. This process takes place when a person owes multiple bills. All of the bills are put together in a debt consolidation such as a loan or a debt management program.
south wall Debt Consolidation
205 South 10th Street, Richmond, Virginia, 23219(804) 223-3070 Write a review
Debt Consolidation(804) 740-1441 Write a review
A American Debt Consolidation
, Henrico, VA 23238(804) 740-1665 Write a review
Loan Consolidation and Refinance Company Inc
5001 W Broad St, Richmond, VA 23230(804) 282-7291 Write a review
A Debt Law Group PLLC
763 J Clyde Morris Blvd, Midlothian, VA 23112(804) 245-7848 Write a review
, Midlothian, VA 23112(804) 739-7792 Write a review
A A A Debt Hotline
, Mechanicsville, VA 23116(804) 730-4199 Write a review
More on Debt Consolidation
Usually, when a person gets behind on the credit card bills, it can be because he or she owes money on more than one credit card and they carry high double-digit interest rates. With a debt consolidation, all of these bills can be consolidated within one loan. Usually, the interest rate is much lower, sometimes just half the rate of the credit cards. This, in itself would lower the debt paid every month. There would be only one low monthly payment, instead of several. Another type of local debt consolidation is debt management program which includes such professionals as credit counselors. These counselors take all the bills owed, find out the person’s monthly income. Then they figure out how much living expenses the person needs every month. They adjust the monthly payments to the amount that the person can actually pay to the creditors. The credit counselors contact the creditors with an amount to see if they will accept it. If the creditor and the person agree on this amount, than that is what the person would pay every month until the debt is paid off. One payment would be paid to the credit counselor by the debtor. The credit counselor would then send the different payments to the creditors.