I have heard that some companies end up with all your money, are there any good credit consolidation companies and if so what are they? Thanks for any help

I have a bunch of credit card debt and am looking to consolidate it. I don’t use my credit cards anymore and i have a perfect payment history on all my accounts on my credit report. Never one late payment on anything. I am looking for some way to consolidate the credit cards to one loan with a reasonable interest rate since some of my cards are very high interest( over 21% for one of them). The problem is being in a lot of debt i dont get enough credit when i apply anywhere to transfer the balances. I have some equity in my home but not nearly enough to tap into it or i could risk being “upside down in it” Does anyone have any suggestions how someone with a perfect payment history but hight debt to available credit ratio can consolidate?
It is nice for people to try to help but i dont even know if the person who replied read what i said. I dont need my credit repaired i have a perfect credit history just lots of debt.

What is the benefit of using debt consolidation for credit card debt? I am trying to decide to either call the credit card companies myself and negotiate for a lower payoff/settlement amount, or to use a debt consolidation company? If I negotiate with the credit cards directly, will that be considered a charge off? I would want to settle myself if I can to avoid paying all the months of high interest. But if I use debt consolidation, then they will charge me a fee every month for so many years? What is their purpose? What would be the best route to go financially?

I have a considerable amount of unsecured debt. I have several charge offs on my credit but I’m still sending those companies payment. Everything is being paid monthly though its not reported. Those companies will not report this on my credit and I understand that. Is there any REAL lenders out there that will give me a consolidation loan?

My husband and I have had a rough time financially in the past year. I am a stay at home mom and my husband makes good money except that he was laid off for most of the last winter and we are having a really hard time catching up and now our credit is not so great because we’ve been late with so many payments. I tried to get a job too to help but ended up paying more for daycare than I was making. Wondering if anyone knows of a good company to call to help us out with refinance/consolidation. We live in wisconsin. Thanks!

I am a retired Marine with 2 children. My objective is to roll all my debts into one single obligation which I can guarantee with my military retirement as an allotment to repay this debt. I am willing to pay an interest rate of up to 18% if possible. I am also interested in starting a high quality woodworking business which I will provide 30% of the revenues for the 1st year being reduced by 5% per year till the debt is paid. I would like an opportunity to speak with a lender directly on these matters. Sincerely, Ron

I cannot do debt consolidation. I would rather not declare bankruptcy. A dishonest ex-husband dumped his debts on me when he shocked me by divorcing me two years ago after 14 years of marriage. This was in TEXAS.

If a Debt Consolidation Company takes over my credit card debt does that then free up my credit cards? Or do my credit card companies cancel all the cards immediately?

I actually intend to stop using the cards, but just in case I need them, will they be at zero balance once the Debt Consolidation Company comes in?

Thanks

I have approximately $15K in various credit card and hospital bill debt. I am looking for a good company that does debt consolidations/loans.

There are lots and lots of companies available but i’ve heard there are both good and bad ones out there. Personal experiences are highly important so if you have any – please share them.
Also, is there any rating/review service or consumer guide that has written about this field? Web Links?

We have a high balance on some high interest rate credit cards. We own our home…I am wondering if there is any tips or info on refinancing and including our credit card debt into the refinance or debt consolidation. I don’t know much about it. How much is normal to be charged for these things? What is a good trustworhy business to go through? What are my options? Am I just going to get myself into deeper debt?