Who should I help me consolidate?

My friend,debt consolidation is very much a truth of modern days. If you spend some more time in this site, you'll come to know many who have tackled their debt problems through the debt consolidation program.

A properly designed debt consolidation program, indeed, can negotiate lower rates with your creditors and can help in reducing the debt burden.

However, I'm not denying of the fact that there are many fake companies who promises to mend your debt problem within a very short time.

The Debt consolidation program is a systematic one and may take sometime to work towards the total loan repayment. Hence, if any company is promising to bring immediate result for you, stay away from them.

People, on this forum, can give you some REALLY good 'direction' on where to look for legit companies, to make a decision, that 'works for you'.

It is definately a ligit debt solution, but as with any industry, there are some good and some bad. My advice is to do your research.

Welcome to the Community :D Whatever you decide to do, please check out who you are dealing with, and get feedback with others who have used them through completetion.

If you signed up for the free counseling, someone will contact you with options you may have concerning your debt, from which you are free to choose or not.

You may also want to check out the" Do it Yourself section", located under the tab titled, Ranking Chart, above. I negotiated with my creditors, went into their hardship program where they dropped the interest on some, lowered it on others, until I got caught up and paid off. Not all companies will do this, and you have to commit and pay when and what you say you will.

Feel free to ask questions, and keep us posted on your progress..KAren

debt consolidation helps you by which all your unsecured debts will be combined in a single monthly payment. In this way, you don????????t have to pay all your debts separately and you are not dealing with your creditors . Your debt consolidation company will deal with all your creditors instead. You will pay to the consolidation company????????s fund and they will pay to your creditors. You can avoid harassing calls from creditors and collection agencies.

I have articles on Free Your Debts, Ways to avoid bankruptcy. Get advice from Debt consolidation or debt settlement. Will it affect my Credit Score / FICO Score? More Information on link deleted as per forum rules - Jason