Benefits of consolidating websites

If you’re unable to make payments on time, you could lose your home.To learn if debt consolidation is right for you, contact a credit counseling service accredited by one of these organizations: If you have a problem with a lender involving debt consolidation, first contact that lender.Consolidation involves rolling your various debts into one monthly payment.

It's important to keep in mind that these are secured loans that require you to put up your home as collateral.A debt collector may not: Report any problems you have with a debt collection company to your State Attorney General's Office, the Federal Trade Commission (FTC), and the Consumer Financial Protection Bureau (CFPB).Many states have their own debt collection laws that are different from the federal Fair Debt Collection Practices Act.If you owe the money or part of it, contact the creditor to arrange for payment.If you believe you do not owe the money, contact the creditor in writing and send a copy to the collection agency informing them with a letter not to contact you.

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