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Elkdude

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what is the best agency for debt consolidation program's?
Want to make one monthly payment, and pay off total debt (4,000) in 2 yrs.

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Top Contributor
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Why pay someone to pay your bills for U

They are going to keep a big chunk of what you pay them for themselves, only prolonging the length of time it will take to pay off the debts.  $4000, shouldn't take but a few months to pay off.  You have a bank account it probably offers Bill Pay,  Set up monthly recuring payments and pay it off your self.  

A consolidator is probably going to want around $200 a month for the 24 months.  If you pay it off yourself it would take $166 a month for the same length of time. if you skip coffee or lunch for a while, it works out to 10.95  a day to pay it off in a year. Its how you budget it.  

 I have heard horror stories about Consolidator made payments, from missed payment and late pays, to never paying.  And you go along thinking things are fine until you start getting the phone calls again.

Why pay someone else to do what you can do for free.

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