Question by tekking25: Air Force: Consolidating credit card debt vs paying all of your debt?
I'm in the Air Force and I'm buried in debt. I owe about $ 30,000 in credit card debt. I thought about consolidating all of my debt, but most companies charge 15% or 20% from the debt amount. These companies promise to reduce your debt by 40% to 50%. One of their programs consisted in me opening an account where (after 1 or 2 years of depositing money) they will try to settle the account for less
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