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| And if you owe more than one crediter when using a debt consolidation company they may or may not even bother notifying the second or third or so on lending company or bank at all. And this debt consolidation company may not even notify any of the lenders while you are paying them the debt consolidation companies to handle matters until a certain amount of cash has been paid to them. This could be many months or more of payments before the debt company will do anything for you at all. Could be a year or even years possibly depending on how much you owe. Meanwhile the late notices will keep coming in to you regardless that you signed up for a debt consolidation company to handle it all and represent you.
This means you can receive a court summons and be sued while thinking this so called debt consolidation company is your savior. They certainly are not saving the customer anything no matter what the clever advertising or fast talking representatives say. All they do is add even more to your debt on top of what you already owed before hiring them.
Edited by FarmerTom4440 4/2/2024 09:42
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don't understand
