Has anyone used a consolidation plan to reduce credit rate and debt?

Knowledge Is Power asked:
My debt isn’t at all anything bad. I believe I may owe close to $2500 in debt and I want get in touch with a creditor to make payments. Is that amount too low? How does it work? Will they make my debt lower?
thanks!
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Is it possible to achieve the same debt negotation & reduction by hiring an attorney?

PursieCAT asked:
These debt settlement companies want you to stop making payments, establish a payment history of being 9-12 months behind on payments to demonstrate hardship….well waiting that long seems to only make the recovery process longer?
Kansieo.com

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Any advice on a strategy for reducing debt?

Ten Years Gone asked:
My wife and I both have substantial student loans. However, I consolidated mine at 3.5%, but her’s were consolidated at 8.25%.
Just to pay her interest is $700/month. My payment is $300, with 1/3 currently going to principle. We also have about $8,000 on credit cards at 10% interest.
Our combined income is [...]

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Has anyone gone through Emilio N. Francisco’s debt reduction program?

Sutashia asked:
I am looking for feedback. What was your experience? Was it good or bad? What kind of a program would you like to see out there, if different from Emilio’s program? Thank you for your time.
This is a law firm not just a debt reduction company.
Kansieo.com

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What is Obama’s plan to reduce debt and balance the budget?

wormwar1 asked:
LOL. Sorry. I have to laugh at myself for asking that question.
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