How to pay your credit cards enrolled in a debt management?
I was in a debt service management program Local credit counseling for about eight months. My parents have offered to co-sign a loan for the cards. loan rate bank cards higher interest low pay and faster with a lower payment each month. Do I pay the cards directly or through the credit counseling service? What is the best for my score credit?
The credit counseling company will probably give you a better price in the long term because they will negotiate a lower rate that they can. Thus, you become a very large amount of compound interest on every dollar you owe for each month the amount due. We’ll help mom and dad If the interest rate and conditions are better than they currently pay the credit card companies. And if you can pay all your bills as payment iccluding. Remember that the loan officer is to make money on you, that the lawyer will not always to your advantage.
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