Are non profit debt consolidation services available?
Date: Mon, 05/10/2010 - 02:10
Debt consolidation companies help people in debt by combining all of their outstanding payments (credit cards, student loans, medical debt) into one payment. Often, the debtor takes out a new, lower-interest loan to cover this payment. The consolidation company may also offer credit counseling and may negotiate with the credit companies to reduce the amount of debt owed. So how do they do it? Non-profit debt consolidation companies can offer their services for little to no cost through funding from donations, creditors and government grants.
Non-profit debt consolidation companies are one of the best choi
Non-profit debt consolidation companies are one of the best choices for people with debt toubles. But one must confirm the non-profit status of the company before signing up since their are also scammers. You can read about non-profiteering consolidation companies in the following link.
http://www.debtconsolidationcare.com/christian-debt.html