“Dear Steve,
My husband and I both work…. have gotten into cc debt a couple of years ago with oil pricing going over the top and apartments that needed heating. We have not used our cc’s in just about 1 year. We have taken 2 Citicards and turned them into a no interst loan but have a few more that are not as easy to convert.
How do you get paid? Does your program damage your credit rating?
Do You Have a Question You'd Like Help With? Contact Debt Coach Damon Day. Click here to reach Damon.
Ruth”
Dear Ruth,
I think you might be slightly confused. I don’t offer any programs. I give advice for free.
If you are looking for a way to consolidate your debt that will not hurt your credit I’d suggest you look into the programs offered by the person-to-person LendingClub.com services. A debt consolidation loan through LendingClub.com will be for three years at a fixed rate of interest.
Repayment of your loan through LendingClub.com can actually improve your credit rating since your repayment history will be reported to the credit bureaus.
