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Lately I have been battling with my personal debts, its catching up with me. Despite all the bonuses and other compensations I received from the company I worked for it is still not enough to settle all my bills. I'm faced with this same problem for over two years now, I have been paying religiously every month but the interest rates are killing me. Instead my debts ballooned to more than what I originally owed the companies. Got to find a solution fast because if not it I might keep on paying the credit card companies my whole life and I don't want that to happened.

Good thing my cousin who had the same problem before learned about what I am going through, she shared with me a very effective debt settlement scheme. She told me about www.billconsolidation.net, a non-profit, credit counselling agency. She sought their help during the time when she almost filed for bankruptcy, a step which the counsellors told her were not necessary during that time. She was advised to undergo loan modification, she was asked to consolidate all her loans. She then put all her loans into one, choosing one with smaller interest rates compared to the ones she usually gets when the loans were separate. Less than a year later she was debt free.

What a relief, after a long time of suffering from unmanageable bills I have actually found a very sound solution which actually works. This would definitely start my year right, I am hoping to settle everything as soon as possible.
Thursday | 2 comments | Labels: , ,

2 comments:

  1. amiable amy
    December 19, 2008 at 1:28 PM

    lagyan mo ng banner baka may mag click di added referral yun, just a suggestion girl

  1. Unknown
    December 27, 2008 at 2:04 AM

    It sounds like your pitching a site that is probably the company you work for, which is fine, but, how can your cousin have paid off all her debts in 1 year just by lowering her interst rate. The only way I see a person can do that is through a Debt Settlement program. Chances are that if you have that much debt that you may be falling behind, or about to, and your interest rates are high, you won't qualify for a consolidation loan because of your debt-to-income ratio being too high and banks are not going to take the chance of a hit right now. Remember, that's what got them in the mess they are in to begin with.

    So, if your going to pitch a company, or site, at least make it beleivable. By the way, non-profits do not do Debt Settlement programs, they do Debt Management, or Debt Consolidation programs.

    M. Martissa
    President - Options Plus Financial Services, Inc.
    www.debtoptionsplus.net

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