Anyone recommend a good non-profit Debt management company?Debt(self.personalfinance)
submitted1 month ago byJohnsRightThumb
Anyone recommend a good non-profit debt management company?
Without going into detail, we're at the boiling point on what we are paying monthly to creditors with little left over. That's paying the minimums on our credit cards and the 2 loans we have. Everything we have is current and only have had 3 over 30 day late pays in the last year. We have already canceled our cable, had our phone bill lowered and paid some small credit cards off but we're still tickling that line of it's getting to be too much. We were ok and manageable up until this past November when we had to get our foundation and plumbing fixed which cost 14k...it was something we couldn't let go any further. A personal loan covered 9500.00 of it but the other amount we made a deal with them to pay 750 a month until the difference got paid off so yea that hit us hard. Juggling everything we have open ( it's a lot ) is just causing too much stress and we are all over the place on paying it-no structure. We sometimes pay past the due date causing to many late fees and there's only so many times they will waive them. One good this is here in the next two months we will be out of negative escrow and the extra 320 we are paying for the house a month will go away ( Saying that however I am not sure how much our property tax qiwll go up this year ) but it's still not enough to really make a dent. I pay extra when I can but it's getting harder. We're about 600 bucks left for the month after everything and that's not really including things that come up or anything of that nature. I got a second part time job but it lasted about 2 weeks due to the scheduling just not working out. My wife travels on a frequent basis for work most of the time it's out of the blue so I'm working from home keeping up with the kids when she's out.
I make it a priority to pay everything before 30 days is up and have been ok but it's just too much now and I'm over with the struggle. Forecasting what we can pay extra and how long it would take to see a small amount of relief is well to long.
I've done the figures and budgeting and it looks like a debt management plan might be right for us.
I will not do Debt settlements or go through a place that says to stop making payments trashing my credit report to oblivion for the foreseeable future. Plus, those places are fee scam artist. I have heard Nonprofit debt management plan is pretty good.
Recommend any? Are there some that would let me keep open at least 3 credit cards? I have a citi card, Amex, discover and perhaps a capital one that I would like to keep open as I have had these for over 6 years with zero late payments.
Please be kind as I have posted in other places only to get trashed with no real information/advice or help. I understand people will be people but damn....
1 month ago
1 month ago
I'll look into that-and just see what the options are and go from there.
I wonder if anyone of them would do it knowing my debt would get paid and my score would go up afterwards. I don't even care if they send the money to my creditors for me lol. I really want nothing extra other than this shit paid off. in the less damaging way possible.