What is the best debt consolidation company out there?

Question by geri worth: What is the best debt consolidation company out there?
I am looking for the best debt consolidation company to help get me out of the mess I am in. Suggestions?

Best answer:

Answer by Debtgurus
You have two very popular programs out there. The first program is Debt Settlement and the second program is Debt Consolidation. Debt Settlement is designed for people that are behind on their payments or if they see themselves falling behind shortly. Usually, with that program your payments could be cut by up to half of what it is now. Debt Consolidation is different, that is designed for people that can afford their payments and just want a lower interest rate. I would look into this company www.rapiddebtsolution.com . They offer both options for you.

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Can someone please tell me what are some of the best debt consolidator companies out there that wont screw me?

Question by Five Star: Can someone please tell me what are some of the best debt consolidator companies out there that wont screw me?
I have about 4100.00 dollars in debt and I want to try to pay it off in the next few years. I looked at that Care one company, sounds like i’ll be paying them an extra 1700.00 dollars in fees and all this intrest which I think is ridiculous. Or do all companies work like that? Please tell me some good companies I can work with, thanks!

Best answer:

Answer by Nijojo
No! I went through that, still going through debt crunches, and I have been royally screwed by the debt consolidators. Be very careful who you pick. They shouldn’t charge much at all for their services. Usually a consumer credit counseling service is what you want. Keep in mind there can be negative impact for using them. It WILL show up on your credit report, and you cannot use your card any more.

I found a website put up by the Federal Trade Commission about “Fiscal Fitness” and choosing a CCCS. I think you may find it helpful. Take a look and hopefully that will answer the questions you may have as well as help you locate one that won’t “screw you” over.

Good luck! Remember- cash and carry. So much less problems that way!

Additional:

Someon added a website for NFCC.org. that’s a good one that will help you find a counseling service near you. It will show you what services they offer and the price. I don’t know how good they are but I will be visiting one myself next week.

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What Is the Best Debt Consolidation Company Out There Today?

Debt consolidation is something that many people do not really understand, but yet it is something that anyone with high interest credit card debt could benefit from.

If you find yourself constantly trying to catch up on paying your minimum monthly payments on your credit card debt, then it may be time for you to consider talking to a debt consolidation company about getting your debt under control.

Aurora Lillo Editor of the “Best Debt Consolidation Services” website — http://www.FreeDebtConsolidationQuotes.net — pointed out;

“…Whenever someone tries something new in the financial world there are always questions as to how to find the best service provider, and in debt assistance that question is asked often…”

One of the places you can start asking about debt help is at your local bank. In some cases your bank will be able to refer you to a reputable debt expert, or you may find out that your bank offers consolidation loans to their customers. Either way you stand to gain a great deal of important information about how the process of debt consolidation works, and you may also find a source for your debt program that you have been trusting your financial dealings with for many years.

With the way that credit debt has spiraled out of control over the past couple of years, you may find that there are many debt companies that are advertising in various places throughout your area. If there is one or two companies that seem to be advertising a great deal, then you may want to give them a call and make a personal appointment. Any debt consolidation organization that is trying to do illegal activity is not going to advertise in the local paper, and if a company is really putting themselves out there then it may be worth checking them out to see what they have to offer.

“…This may sound unusual but you could ask the various bankruptcy lawyers in your town who the best debt consolidation firm is. A bankruptcy lawyer will usually have a referral available for a company that may help their clients avoid bankruptcy, and debt consolidation is certainly one way to avoid filing bankruptcy. You may be surprised at how many bankruptcy lawyers can offer a referral to a reliable debt assistance group…” added A. Lillo.

Finding the best debt consolidation association can take some phone calls and personal appointments to figure out, but once you find that one company you want to deal with you can then start to get your personal debt under control.

Further information about trusted and reputable companies for debt consolidation by visiting; http://www.FreeDebtConsolidationQuotes.net

Hector Milla runs his corporate website at http://www.OpsRegs.com where you can see all his articles and press releases.


Article from articlesbase.com

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What is the best Debt Consolidation Company Out there?

Question by Michael B: What is the best Debt Consolidation Company Out there?
I need to Consolidate a loan and a few credit cards. Whats the best Consolidation Company Out There?

Best answer:

Answer by SweetGGirl
Debt consolidation companies are for suckers. Do not waste your time and money.

Pick your highest interest rate loan and or credit card, pay only the minimums on those with the lower rates. Throw every penny you have at the highest interest rate loan until it is gone, then pick the card with the next highest interest rate.

Do not get any more credit cards, do not take out any more loans, use cash only. Set a goal that you want to reach (own a home, save enough to buy a beach house in retirement) and any time you want to buy something you don’t need, remind yourself of your ultimate goal.

This means give up all your extras: cable, cell phone, dining out…right there you would probably have an additional $ 200/month (100 cable, 40 cell, 60 dining out). Less obvious items: buy only generic, stick with canned meats vs fresh, cut out coupons and grocery shop on double coupon days only. Stay home, don’t drive anywhere you don’t have to, walk.

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