Are There Reliable Credit Card Debt Consolidation Companies?

Dec. 16, 2009 - PRLog -- But do not worry there really is help! And there are real legitimate credit card debt consolidation companies out there who do want to help you get out of debt the real effort is just trying to find them.

Hector Milla Editor of the "Credit Card Debt Free" website -- http://www.CreditCardDebtFree.org -- pointed out;


“…So how does one find a reliable credit card debt consolidation company?…

• Opinions – Opinions are important as long as they are from legitimate people and not just companies which are competing for business and trying to stump the other business. Some places where you can find legitimate opinions on reputable credit card debt consolidation solutions are on informational based articles such as this one, family and friends who have possibly already sought out credit card debt solutions which have either worked for them or hurt them that way you already know where to look or where not to look. Also you can ask your current companies in which you are having problems with whether they have any advisable companies they could refer you to which they know can help you. Or you can look online for reviews and other people’s experiences if you do not have any family or friends which have already sought after credit card debt solutions…”

• The yellow pages along with sites and agents which contain lists of companies which offer credit card debt consolidation along with a brief write out of what they can offer you in comparison to other companies.

How can you identify a bad consolidation company from a good one?

A good debt consolidation company only exists to help get you out of debt and fix your credit. A non-legitimate company will only concern themselves in gaining a profit while walking you further into debt.

“…A legitimate company will not hide fees and charges from you, they will speak with you one on one and create a debt solution plan which works with your current income to not only solve your debt and credit score problems, but also help you become capable of affording to take care of yourself or your family while paying back your debt which you then will only owe to the consolidation company. This works by the company taking your total debts, and having you sign over an asset of equal value. They will use the value of your asset to pay off your debts so you no longer owe the original companies any money. Then the consolidation company will make an arrangement with you to pay this total debt back to the consolidation company over a period of months without leading you further into debt with fees and charges which you had not expected…” added H. Milla.

Further information about trusted and reputable companies for credit card debt settlement by visiting; http://www.CreditCardDebtFree.org