payments to the creditors

Hi

Welcome to the forums. After you have enrolled in the debt consolidation program, the consultant will be actively negotiating with your creditors and reduce all the financial charges and/or the late fees from your total debt. You will be offered a low monthly payment which will be paid through easy monthly installments.

Whatever payments you made to your creditors in each month through the debt consolidation program, you will be receiving a monthly credit card statement from your creditors. In addition, the debt consolidation company will be sending you a monthly statement so that you are well informed of your payments made to the creditors.

Regards
Roxette