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| Ask Rich / Money 101 USAA and MSOS have joined forces to bring you our very own Money 101 forum, where you'll be able to find answers to your money related questions from a USAA professional financial adviser, Rich Lunsford. |
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#1 (permalink) |
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I LOVE DUCKS
![]() Join Date: Jan 2009
Location: Camp Pendleton
Posts: 254
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Care one?
Can someone please explain what that is?
Ive seen it mentioned a few times on here and a couple other places and am curious what it is. Thanks.
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#2 (permalink) |
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Senior Member
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its like a debt consolidation thing.. you a monthly payment and they dispurse it to your cresitors.. they send the out proposals asking for a lower apr and what kinda of payment to expect... i think they also offer to settle debt for less that what you owe.. hope i explained it ok
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