Debt Consolidation Care.com
Posted on October 31, 2007 - Filed Under Credit |
Nearly ten years has passed since I graduated Magna Cum Laude from the University of Debt. Accumulating this large debt was very easy. The nightmare which followed was not so easy. More money was going out than coming in. That’s never good.
Fortunately I made that debt disappear. But the memory follows me to this day. Anyone who has been or IS under a mountain of debt knows this is not a pleasant feeling.
When the people from Debt Consolidation Care (DCC) contacted me for a review admittedly I was skeptical. I asked them for their mission statement. Their response: Help People.
I like that.
Who is DCC? An online community, boasting nearly 100,000 members. These members share and participate in all matters of discussion regarding debt.
What services do they offer? If your only interest is to get a quick answer to a question, you can do that. There are many message boards, covering a wide range of topics. All of which are at your disposal. To take full advantage of the site, create a profile and enter your debt information. Their debt
management experts can then assist you by helping put together a real plan. Members are taught to take control and be responsible for their own situation.
What don’t they do? Their job is not to negotiate with debt collectors or credit card agencies.
Who would use this website? Anyone with debt related questions or problems. It matters not how much they might have. DCC is geared towards helping people manage, reduce and eliminate their debt.
How much does it cost? Free.
Does it make a difference? Many members are claiming victory. Some members celebrate their complete liberation from debt; others celebrate successful negotiation with a collector. When being crushed by debt, all victories are victories no matter what size they may be.
One victory was saving a young lady’s credit. She had less than $20,000 in student loan debt. Her low paying job was not enough to cover her living expenses plus her student loan payment. She felt bankruptcy was her only option. Everyone quickly informed her student loans survive bankruptcy. If she had filed, it would have been for naught.
The members saved her credit. They got her to call the Student Loan lender. They worked with her to reduce her monthly payment.
In the end, this site gets a solid thumbs up.
If you liked that post, then try these...
Lease or Buy on January 24th, 2006
It's time once again for credit Tuesday!
Relax.
Running Credit on December 27th, 2005
Here is my first installment for my lecture on "Your Credit and You".
Comments
One Response to “Debt Consolidation Care.com”
Leave a Reply
“Hello. My name is Clifford; and I have debt.”
“Hi, Cifford.”