Debt consolidation is a way for a person in debt to simplify their debt payoffs and make one payment per month as opposed to several. Before heading to a debt consolidation company one should seek credit counseling advice. This option will help you to determine what your best options will be.
You should always gather as much information as you can as to the services offered before offering them all of your financial information. Always check with the State Attorney general to see if a debt consolidation company has any complaints against them before pursuing their services as well.
A great debt consolidation company will offer debt management, debt counseling and money classes to keep you in on the right track. They will let you know how your information will stay protected from being shared with third parties.
They will also make sure you understand all terms of an agreement and make sure you are well aware of what you are agreeing to before signing a contract. Some companies charge a flat fee for their services while other charge a percentage of the debt they are helping you to pay off. Look for a company that will help you to save and avoid future debt problems from occurring.
You will always know your settlement amount before you hire us to represent you.