are there any debt consolidation companies out there that would pay off home equity lines of credit.?
363868
Yes \n\ntry citi home equity they wil provide you the best deal \non consolidating your loans
1173074
call them all and set up payment plans\n\nor talk with a credit counseling/debt consolidation company\n\nbest of luck
871492
Double up on both.  If you can find a way to consolidate the two, cancel one, and then make one payment, you'll reduce the debt even more.  If you own a house, consider a Home Equity Loan (not a Line of Credit - the actual fixed-rate loan.)  The interest is much lower and you'll have tax-deductions.\n\nWhatever you do - cut up BOTH credit cards immediately and stop using them.
386062
home equity line of credit sucks. It's like a credit card with your home. Low rate, but it's revolving. Watch out for that!! Not good stuff.
947220
I have used a company that  did a good job. I had less debt then you and they were able to settle all of the accounts for less then 50%. One citybank account that was sent to nco financial was settled for 20%.  link you asked for: http://www.expert-credit-advice.com/debt_settlement_service.htm  You should also look up anyone you are considering at http://bbb.com . good luck.
1109743
I was in one of these for awhile, they negotiate with your creditors and get you a lower interest rate so you can pay off your debts without paying the highest interest...usually in a shorter period of time.\n\nBe very careful in choosing a company; some of them charge outlandish fees for their services!
732061
When you find that dream home, allow our program to help you pay it off quickly.  Go to savingthousandsininterest.com\n\nGlad to be of help!
771889
Hate to be the bearer of bad news, but you're probably out of luck unless you can take out a home equity loan.  With a bad credit score, NO ONE is going to give you a loan to pay off your debts because they figure you'll just go out and get into debt again.  Debt consolidation programs like Consumer Credit Counseling Service are really the best way for you to go, given your situation.
934701
Try this.\n\nWhen you call these companies, tell them that you want IN WRITING a guarantee that they will raise your credit score and remove bad items from your credit report once the bills are paid.  \n\nAnd that they won't take any money unless these things are accomplished.\n\nYou won't find anyone who will agree to this.  Why?  Because they can't possibly promise such a thing.\n\nThere are only two ways to get a negative item removed from your credit history.\n\n1) The creditor must delete it\n2) The creditor fails to respond to an investigation request from the credit bureau.\n\nNote that payment of a bill does NOT remove the item.  It only changes the status from being late or in collections, to paid.  But it still reflects late payments or collections.  It's still a negative item.\n\nThese "credit repair" companies will TRY to negotiate a payment arrangement that will TRY to remove the negative items.  But there are no guarantees.  \n\nBut it is a guarantee that these companies will demand payment for their services, whether they succeed or not.\n\nBefore you go this route, do your research.  Many of the things that these companies do, you can easily do yourself.  \n\nAlso note that many of these "credit consoler" or "credit repair" companies are a front for companies offering consolidation loans or other such services.  Be aware of what's going on!
1141786
Yes, I believe so.  The best course of action is a debt management company instead of borrowing more.  Try In Charge Debt Solutions.  A friend uses them and seems very satisfied.  They call all your creditors, get your interest rate removed or reduced and consolidate your monthly bills for a lower payment than your total is now.  They charge a small monthly fee but the pay back amount is still less than if you did nothing.  Just do an internet search on In Charge Debt Solutions and they come up along with several others.
764158
There are pros and cons to whichever type of debt program you choose... \n\nHere is a good article: http://www.expert-credit-advice.com/options_to_eliminate_debt.htm \n\n\nThey offer a debt settlement service which is very inexpensive. \n\nYou can also check the www.bbb.com for other companies
297382
There may be such a company. If I were you I would not believe a word of it. If something sounds too good to be true it probably is. Good luck friend. I wish you well. Nobody unless it is a charitable organization will help you with credit problems for free.
779041
Refinance and pay off debt and get additional money from your equity.\n\nCall my motgage guy, Glenn Silvera compedative rates has done 3 loans for my family..  office 561 683 9168  or  \nCell 561 309 5539, he hates when I give that out hahahahahaaa\n\nAt the very least you should call him and laugh then hang up!!!!\n\nDo It!!! \n\nIm evil...
984677
The missing pieces of this puzzle to quote solutions are credit score and value of the home. \n\nThere are many loan programs designed for debt consolidation. maybe a little guidance from the credit score side would be helpful...if we get your score as high as it could be it helps with rate / fees etc.\n\nI train loan officers and write a blog that can help you...check it out.
458920
I agree with above.  As far as your credit score, your points goes down with the amount of open accounts you have because you have the potential to fall under hard times and max out everything without paying it off. You would not only have to consolidate everything to your home equity but send a note with all final payments that you want the accounts closed completely.  Within 30 days it will begin to raise your credit score.  \n\nThe inquiry into your credit for your equity loan will make your score go down 3 points and if you have more than 3 inquires a yr into credit you're looking at 5 points per inquiry.\n\nThe interest you pay on your home equity is tax deductible and credit cards are not.
223712
Most debt consolidators will negotiate with your creditors to lower your interest rate so you can pay them off (which they will do because if you can't pay your bills and file for bankruptcy they don't get any of their money.) \nBut there are some that will consolidate your debt by paying all of those companies off with a large loan from them. They will give you an intrest rate on that loan that will be lower than what you had on your credit cards (or whatever your debt was from.) \nThey do help, even if the company makes money off of you, you save money as well and that is what helps YOU out.
1131100
As a former financial counselor I was suprised by the answers you are getting in regards to your question. $20,000 in high interest credit card debt is quite a burden, but the advice of taking out a line of equity against your house is the last thing you would want to do. Right now your credit cards are unsecured loans. In other words you don't have any property attached to the loans. If you default on your credit cards, they begin collection processes by selling the accounts to various collection agencies, in the hopes of trying to recover at least some of the debt. By getting a line of equity against your house, *POOF* you just got a nice big secured loan against your house. A secured loan means that now if you default they can attach a lien to your property or even worse foreclose on your property if the loan is large enough. This is the last thing you want to do.\n\nMortgages are usually the part of the monthly bills that takes the biggest chunk, so you are definitely ahead of the game by having your home fully paid for. You get a thumbs up for that! So that should free up a large portion of your income to go towards other bills beyond necessities. I would recommend calling a credit counselor at a non-profit credit counseling company in order to improve your situation. In fact a year or so back, when you heard all that news about the changing rules of Bankruptcy filings, one of the big changes was that individuals were to try to appease their debts through debt consolidation counseling before they were allowed to file, so even if you do file for bankruptcy, you may have to get financial counseling anyways! I also have a confession to make....I am currently on the program myself, and it has helped me tremendously. Here's the basics on how these programs work:\n1) You have lots of high interest debt. Perhaps you fell behind on some credit cards or private loans, and the late fees and high interest rates are making it very difficult for you to make any progress. With my case, I was always on time, but I wanted to make a change in my life and rid myself of my high interest debt.\n2) you call a credit couneling company. I can't speak for all companies, but at the one I worked for we were trained to counsel the clients. To show care and compassion because they were in some difficult situations. This is sometimes all someone needs. Someone to just listen to, but if the counselor finds that a debt consolidation WILL help, then they will walk you step by step through the program.\n3) Okay so you qualify now what? You enroll your high interest debt into the program and the company will begin contacting your creditors to negotiate lower interest rates on most of your accounts. This is a tremendous help because interest consumes most of your monthly payment anyways. Another important thing that you have to remember is that the creditors also CLOSE your accounts. This is to further help you along in paying off your debts.\n4) You stay in contact with your consolidation company and creditors. But you only make ONE payment to the consolidation company, who in turn forward it to your creditors. \n5) Sit back and watch your debt slowly disappear!\n\nIn my opinion, bankruptcy IS a last resort. Depending on the type of bankruptcy you may be forced into a restructured repayment plan regardless. My advice is to just call a counselor and see what they can do to help. \n\nSo if you are interested in the company I worked for, it is http://www.incharge.org . If you are interested in the company I have an account with, it is http://www.careonecredit.org/ . Both of these companies are registered with the BBB and have outstanding reputations. The good part is they are also non-profit. They do ask for a monthly donation with your payment, which goes to paying for the counselor's salaries, but you can always decline it if you are really in a bind. I pay it greatfully because they have helped me so much. Anyways, good luck with your rese