Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Credit Consolidation Services-The 5 Questions You Have to Ask

By Michael Lenzner Subscribe to RSS | December 14th 2011 | Views:
loading
 
  



Using credit consolidation services to right your financial future can be a daunting task, so you must take this very seriously. Given the economic crises facing our country today, is it any wonder that these types of companies are starting up everyday now, or so it would seem. As much as I hate to admit it, way to many of these programs simply will not do as promised. For any consumer wishing to avoid choosing the wrong program or a company not equipped to fully help them, we have listed some questions you really need to ask before making any decisions.

Your first question to any credit consolidation services should be about the cost of the program their offering and when does the free part end and payments begin. Most will offer a no obligation consultation to get their foot in the door, but that wont last forever and at a specified time you will be expected to compensate them for the services they are providing (Even the non-profit companies get paid from somebody, so definitely ask them who is responsible for this). It just goes without saying that you should be aware of the amount of money and how often you must pay it before doing anything.

Second, any and all fees or charges the credit consolidation services have must be handed over to you in writing and before the agreement is finalized. This is important to the consumer should any problems or questions come up in the near future about program fees and exactly why them fees apply to you. Do not let any credit consolidation company try to talk you out of this saying its not important, yes it is.

Whether or not the credit consolidation services you are considering charge up-front fees will play a huge role with all of your decisions. We will not mince words right here. With very few exceptions this is no longer legal. This is a problem for any consumer if they where to answer yes to this question. There should be no reason for anyone to even continue speaking with them at all. Now would be a good time to forget about them and start looking in another direction for your consolidation needs.

Credit consolidation services who are worth anything will always be more then willing with discussing the qualifications of their entire staff. If there is anything your not sure of or may have concerns or questions about should be dealt with quickly and in great detail. Don’t let them give you anything but straight forward and honest answers. I would say it would be time to move on to the next credit consolidation program if they try to pull a fast one by you on this important item on your list.

The last question these credit consolidation services must answer is about their accreditation and if they have had any complaints by clients past or present on their record. We felt it was best if we lumped the 2 of these together since we took up enough of your time already and being that they are closely related. The chances are good that if you are considering a service who has all their ducks in order, meaning they are FTC compliant, are up to date with all the applicable business licensing and accreditation, then they should be in good standing with the better business bureau. Before you decide who is going to help you with your credit consolidation needs, please do your own research to verify what you have been told. By just asking the right questions and then follow up on them, you will not have a problem selecting the right program for you and your needs.

Michael Lenzner - About Author:
Now that you have a really good idea of the 5 questions you should ask, its time to take action. You can easily get started by simply clicking on credit consolidation services. To get more information about the basics try credit consolidation.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/finance-articles/credit-consolidation-services-the-5-questions-you-have-to-ask.htm

Related Finance Articles Subscribe to RSS

Bad credit loans no fees: Shake Hands with Cash Crunches with Smile
Published by Cameron White on December 13th 2011 | Finance
Bad credit loans no fees are always ready to shake hands with poor creditors to let them feel comfor...
 
Why should i get my free credit report?
Published by Mary Cruise on May 25th 2012 | Finance
Your free credit report is consulted by potential employers, landlords, credit issuers and lenders, ...
 
How creditors help you in learning more about bill and debt consolidation
Published by Joseph Goins on May 18th 2012 | Finance
People facing high bill problems can find a solution and relief through bill and debt consideration....
 
Prepaid credit cards help you in rebuilding your imperfect credit
Published by John Cena on January 11th 2012 | Finance
Prepaid credit cards are same as other plastic cards and prove to be helpful people to refurnish the...
 
No Credit Check Loans- Fast Cash Without No credit Checks
Published by Jason Welsh on March 29th 2012 | Finance
If you are looking for a hassle free and easy process to get immediate cash help, then you need look...
 
Primary reasons to get a credit card processor online
Published by Neal on February 9th 2012 | Finance
There are countless advantages of having a merchant account or payment processor beside you. In this...
 
Some facts about the private student loan consolidation
Published by Michelsmith on January 9th 2012 | Finance
If you are the victim of the private student loan, then this article can help you in guiding with th...
 
Bad credit and mortgage refinance option
Published by Kam Brar on December 16th 2011 | Finance
As people think, it is not easy to get mortgage refinance with bad credit. There are various factors...
 
Refinancing with bad credit now possible
Published by Kam Brar on December 16th 2011 | Finance
Are you suffering from bad credit? Are you still looking for different ways to get home mortgage, mo...
 
Benefits of using business lines of credit
Published by Kemar Roach on June 12th 2012 | Finance
Small business line of credit is a kind of financing that is offered by a lot of business banks and ...
 
Why hire a credit card debt management company?
Published by Yossi A on January 12th 2012 | Finance
As a matter of fact, it not only clears your already existing debt but also offer valuable technique...
 
Hard Money Loan No Teletrack- Grab loan with no credit checking
Published by Gorgie Nork on January 9th 2012 | Finance
Hard Money Loan No Teletrack can be availed with the aid of simple online process. This loan is usef...
 
Christian credit counseling and credit counseling services
Published by James Blee on December 14th 2011 | Finance
This recession has been very tough for people who have especially taken loans against their credit c...
 
What's the difference between the purchase, balance transfer, and cash withdrawal rates on credit cards?
Published by Jesse Wallace on July 11th 2012 | Finance
Understanding the various rates offered by your credit card could help you get the most from your pu...
 
Procuring credit card in Australia had never been so easy
Published by John Matthew on December 27th 2011 | Finance
One of the best things that could have happened to the man in the present times was the easy availab...
 
Signature loans no credit check- Get fund with a simple signature!
Published by John Simen on April 9th 2012 | Finance
With the aid of signature loans no credit check, you can avail funds up to $15000 with your signatur...
 
Finance for worst credit sanctioned within a day of filling
Published by Ross Sorin on March 2nd 2012 | Finance
Online financial aid is available for bad creditors through which they can get easy cash without fac...
 
Loan Calculator- What you require to recognize about a credit sum calculator
Published by Ian Foster on January 27th 2012 | Finance
Loan Calculator have lots of abundant websites on the internet that make available to their visits w...
 
No credit Check Loans: Easy Cash, Impaired Credit No Matter
Published by Amarjeet Singh on July 11th 2012 | Finance
No credit check loans are a kind of finance programs which the people of Canada look for. No credit ...
 
License of subprime credit broker revoked by OFT
Published by Sandra Jeux on March 12th 2012 | Finance
The licenses of sub-prime broker Yes Loans and two associates, i.e., Blue Sky Personal Finance and M...