Do all creditors reduce or stop interest?
Not all creditors stop or reduce interest as each company has its own policy. However, most major national credit granters will reduce interest, and many stop the interest all together. Your counselor will advise you as to their individual policies. We do work hard on your behalf to reduce or eliminate fees and interest so credit card consolidation programs can move forward toward payoff as quickly as possible.
Related Questions
- Why do creditors reduce payments and interest rates through a Christian Debt Counseling Debt Management Plan but not on an individual basis to me?
- Why will creditors reduce payments through christian credit counselors but not necessarily on an individual basis to me?
- Why will creditors reduce payments through Christian Credit Outreach but not necessarily on an individual basis to me?