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Re: Bad credit

Posted by Noa on April 2, 2002, at 17:40:47

In reply to Re: Actually, we're all victims in a sense. » beardedlady, posted by Zo on March 29, 2002, at 0:20:48

Ok, this is a bit of a tangent....

If anyone is looking for help with overwhelming credit, etc. be aware that there are now a lot of companies offering assistance in getting out of debt--you see the ads on tv, and also in pop-up ads on the internet--be aware that a lot of them are RIPOFFS!

One of the news magazines recently did a peice on one company. They charged an initial fee (of over $1000!) and then did not do what they were supposed to do. People got into even more debt.

I used the local consumer credit counseling service, a non-profit group. They weren't perfect (sometimes the payments to the creditors were late, etc.) but they did the job well and got me out of what seemed a pretty hopeless financial situation. There are other non-profit agencies that do this. Just be careful. I think there is an organization called national association of credit counselors where you can get more info. Or, I think you can look for referral info at ABC's web site--I can't remember which news show it was, though.


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