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MAGNOLIA

CLIPPING SERVICE
(601) 856·0911 f (205;751H510
NORTH MS HERALD

WATER VALLEY, MS

Circulation ;;;: 2840


WEEKLY
08/27/2009

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B'~cB Offers Debt Company Tips

RIDGELAND - Consumers des­ to the consumer, but the fees tance from an "expert",
perate for help with their debts may be required from creditors • Be organized and consistent
are often confused when and through higher interest rates in your effons to resolve debt
researching ways to get rep­ in consolidation loans. Issues.
utable assistance, Turning to a The BBB offers these tips: • Contact creditors directly to
debt company can be a viable Do thorough research negotiate a reasonable payment
option, but not alJ companies • Contact companies thai plan.
provide free services, advertise "no consumer fees" Don't settle
"Finding a free debt consoli­ and ask questions. • In selecting a debt consoli­
dation company isn't impossible, • Read all documents and dation company, keep looking
bUI it takes an effort," said Bill fully understand them hefore until you find one that you feel
Moak, President/CEO of the signing, you can trust
Better Business Bureau (BBB) • Ask for explanations on • Check with the BBB to get a
Serving Mis;i;;ippi, ­ terms or phrases that YOLI don't Reliability Report on companies
There are legitimate consoli­ understand. that you are considering, Reports
dation companies that do not Do it yourself are at www.ms.bbb.org Or by
charge any fees. In some cases • Although the process IS caJling their 24-hour automated
the fees are not charged directly tedious, it does not require assis­ response line (800-987-8280).

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