Re: Why Chat....One more question/Some info

Posted by Bob3 (163.179.166.122) on October 23, 2003 at 14:20:17:

In Reply to: Why Chat....One more question posted by kit on October 23, 2003 at 13:11:00:

I have read up on these "debt consolidators" and their "debt pooling contracts". They are as bad if not worse then CCCS.

I don't know what state you are in, but many states have laws voiding debt pooling contracts (where you deposit money each month until a certain amount and then try to settle at 50% or so of amount due). Check that angle out if you want to get out of it.

They can leave your credit in worse shape than it was.

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