Comments on: Should You Pay a Debt Consolidation Company? http://militaryfinancenetwork.com/2008/11/13/should-you-pay-a-debt-consolidation-company/ Personal finance for military, veterans, and their families Thu, 11 Mar 2010 16:37:14 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Ryan http://militaryfinancenetwork.com/2008/11/13/should-you-pay-a-debt-consolidation-company/comment-page-1/#comment-936 Ryan Sun, 16 Nov 2008 03:57:40 +0000 http://militaryfinancenetwork.com/?p=194#comment-936 Mary, Thank you for your comment. Prosper is still actually around, though they have entered a "quiet period" while awaiting a response from the FTC regarding a recent filing (to allow the sale of current notes between lenders). They continue to make loans, but only on a limited basis. The best bet is for someone to work closely with his/her lenders and try to work out an agreeable arrangement. Even more important though is to change those spending habits! :-) Mary,

Thank you for your comment. Prosper is still actually around, though they have entered a “quiet period” while awaiting a response from the FTC regarding a recent filing (to allow the sale of current notes between lenders). They continue to make loans, but only on a limited basis.

The best bet is for someone to work closely with his/her lenders and try to work out an agreeable arrangement. Even more important though is to change those spending habits! :-)

]]> By: Mary@SimplyForties http://militaryfinancenetwork.com/2008/11/13/should-you-pay-a-debt-consolidation-company/comment-page-1/#comment-930 Mary@SimplyForties Sun, 16 Nov 2008 00:18:07 +0000 http://militaryfinancenetwork.com/?p=194#comment-930 Reading the fine print and considering other solutions is good advice. I think some of those peer-to-peer networks, like Prosper, may no longer be in existence. Reading the fine print and considering other solutions is good advice. I think some of those peer-to-peer networks, like Prosper, may no longer be in existence.

]]> By: Jerry http://militaryfinancenetwork.com/2008/11/13/should-you-pay-a-debt-consolidation-company/comment-page-1/#comment-909 Jerry Fri, 14 Nov 2008 14:02:01 +0000 http://militaryfinancenetwork.com/?p=194#comment-909 This is great advice for a lot of reasons... mainly because the OP recognizes that without specific details it is hard to give advice that will lead to where you want to go. Bills add up, what with housing, food, transportation, and insurance, and a plan will help you get there. I'm a fan of Ramsey as well. Good luck! Jerry This is great advice for a lot of reasons… mainly because the OP recognizes that without specific details it is hard to give advice that will lead to where you want to go. Bills add up, what with housing, food, transportation, and insurance, and a plan will help you get there. I’m a fan of Ramsey as well. Good luck!
Jerry

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