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Can I change a consolidation company if I'm not happy?

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If I am not happy with a consolidation program offered by a company, can I change the consolidation company?




It depends on how long you have been in the consolidation program. Debt consolidation companies charge a monthly fee for their services and it is non-refundable. If you're fine with it, then you can switch to another company,

Sub: #1 posted on Tue, 09/12/2017 - 13:16

ditchdebt ditchdebt

(Posts: 648 | Credits: 251.77)

It is always better to compare the terms and conditions and then to enroll in a consolidation program that suits you the best. However, even in this program, check out the monthly statements to be sure that the consolidation company is making the payments every month.

Sub: #2 posted on Tue, 09/12/2017 - 18:20

Good Nelly Good Nelly
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(Posts: 2645 | Credits: 530.34)

There are many debt consolidation companies available but you have to check whether or not they are authenticated service providers. If you are not happy with the result, then talk to them to make sure they are making the payments to the creditor every month. In your case, it is too late to quit the service as they will not make a refund to you.

Sub: #3 posted on Tue, 09/12/2017 - 18:46

sanderspatricia29 sanderspatricia29

(Posts: 558 | Credits: 58.49)

There are many debt consolidation companies available but you have to check whether or not they are authenticated service providers. If you are not happy with the result, then talk to them to make sure they are making the payments to the creditor every month. In your case, it is too late to quit the service as they will not make a refund to you.

Sub: #4 posted on Tue, 09/12/2017 - 18:47

sanderspatricia29 sanderspatricia29

(Posts: 558 | Credits: 58.49)

Hey Nick,

It surely depends on the time you have already been in the consolidation program. The fees are non-refundable, so if its okay for you, and you are getting a better settlement offer from another company, go for it!

Sub: #5 posted on Tue, 09/12/2017 - 19:27

Barbara Delinsky Barbara Delinsky

(Posts: 240 | Credits: 23.81)

You can surely do that. With the new company you can start to consolidate your debts from where you left off, but you will have to pay the service fees twice.

Sub: #6 posted on Wed, 09/13/2017 - 17:10

Phil Bradford Phil Bradford

(Posts: 157 | Credits: 16.04)

Before switching to another consolidation company, just weigh the pros and cons and make sure you make the right decision.

Sub: #7 posted on Thu, 09/14/2017 - 19:15

Mabelle Page Mabelle Page

(Posts: 128 | Credits: 12.35)

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