Can some credit counseling agencies get a lower interest rate or payment than others?
Creditors approve lower interest rates if you qualify and lower payments based upon your balances and regular payment amounts. Therefore, one agency cannot obtain lower rates or payments than another. If one quote is lower, make sure the reported balances are correct. Otherwise, you could actually end up delaying your interest rate reductions and increasing your minimum payments. Reputable agencies will help you develop the most accurate plan.
