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Old 22.07.2011, 08:56
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Re: Good debt consolidation company in Vaud / credit union?

Are you currently being pursued by collections agents? If not, then why not just do as MarieZug suggested and pay off the debts in order of interest rate, highest to lowest? It will require more time and effort on your part compared to just turning the whole lot over to a consolidation company, but you will save the fees that consolidation companies charge.

While I don't know if clearing old debts works the same here in Switzerland as in the states, I do know that according to Dave Ramsey, all a consolidation company does is act on your behalf to negotiate settlements with creditors whilst charging you a hefty fee to do so. Why not save your extra income for a period of time then attempt to negotiate the settlements yourself?

Good luck!
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