Founder of CareOne Services, Inc. - Bernie Dancel

Founder of the CareOne Services, Inc., Bernie Dancel shares his personal struggles with debt. Bernie's professional mission was born from his personal experience, getting some bad advice when he was in over his head financially due to a divorce. He rose from these personal challenges with a professional mission to provide consumers with honest, reliable and functional options for paying off debt.

Category:

Education

Tags:

• CareOne Debt Relief Services
• Credit Counseling
• CEO
• Bernie Dancel
• Debt Management
• Debt Settlement
• Debt Consolidation
• CareOne
• CareOne Credit Counseling
• CareOne Services Inc.
• CareOne CEO
• CareOne Founder

[CareOneDebtRelief]

Hi AgedQuasar,

Wow, I am really grateful to hear that you found the right solution for your debt! Please let us know if you would like any resources or information about being on a Debt Management Plan, we want to do everything we can to make sure you meet your goal of being debt-free! Thanks so much for leaving a comment and come back soon to check out our new videos!

[billgeethinks]

The dmp's can be reported for the duration of the plan plus 7 yrs. Where is the benefit of paying a growing debt back if they are not making any concessions on credit reporting? Also make sure to ask if they are charging you up to 18% in service fees, on top of the interest rate that is still accruing and doesn't that increase the effective interest being paid on your debt? And finally, couldn't I make similar arrangements with my creditors w/o paying your service fees?

[billgeethinks]

In many cases, bankruptcy is a better alternative. Even Mr. Dancel did it! Ask these questions...Will they tell you their successful completion rate?  Which of my creditors reduce the interest under the dmp and to what rate? For my plan, b/c of my effective interest rate DOES MY DEBT GROW even though my payments are lower? Why shouldn't I just file bankruptcy like Mr. Dancel and start fresh? Isn't the dmp reflected as bad credit history longer than a bankruptcy? 7 yrs for bankruptcy.

[AgedQuasar]

Good company! Happy to be one of their customers. I almost got locked in with a different company that was bent on putting me into a debt settlement program, even after I told them I could make my minimum payments without problem. They just won't listen to me, so I was forced to send them an Express Mail letter telling them I wanted out, which reached them within the 5 days I had to change my mind. After that I some how found CareOne and I'm in a debt management program that's working well.