What is a good debt consolidation company, or a company that can offer help in taking charge of my finances?

Answer 1

It sounds like you are earnestly trying to do something about your situation and I admire that. It sometimes takes much effort to get to where you want to be and sometimes you can't do it by yourself. Since you are ready to make payments on your debt but just don't know how to go about it, I can make some recommendations based on experience, as I was once a financial counselor. In my opinion it may be time to contact a financial counselor at a debt management company. Debt management is sometimes the only way that you will be able to show your creditors that you are trying to turn a new leaf. I admit that I am currently on a debt management program myself, and it has helped me tremendously.

In case you are interested in contacting a counselor, make sure you look for these things in a company:

1) A company who is genuinely trying to help consumers. A company who is looking for the consumer's best interests will not only counsel you, but they may take you through a budget, analyze your situation, provide free financial material, etc. In other words they don't just try to enroll you. You should never feel pressured.
2) A company who is non-profit, certified, and has a good track record with the BBB. A company who is non-profit may ask for a donation but it is purely voluntary. All your payments should go to your creditors. Also there are regulation agencies in place to weed out the "shady" companies, so you should make sure they are certified and a responsible member of the BBB.
3) A company that answers all your questions. You probably have lots of questions, but a caring counselor will walk you through step by step, and explain thoroughly every step of the process.

So if you are interested in the company I worked for, it is http://www.incharge.org . If you are interested in the company I have an account with, it is http://www.careonecredit.org/ . Both of these companies are registered with the BBB and have outstanding reputations.

There are plenty out there though, so you should find the one that best suits your needs. I hope that you get to where you want to be and don't ever give up! Patience will heal your credit. There is no quick answer. Good Luck!

Answer 2

This is a very good question. There are so many options out there to choose from, and the unfortunate thing is that you have no idea whether they are doing a good job for some time.

I actually am a Certified Debt Consultant with a group called The Freedom Group. We specialize in helping people get out of debt as quickly and efficiently as possible.

If you would like more information on how I may be able to help you, please feel free to email me at timothy.kazee@americanhm .com and we can talk about it.

Whatever you do, just be careful.

Answer 3

If it is credit card debt that you have, see if you can take out a bank loan to pay them off. Just be sure that you stop using the credit cards.

You can also transfer your balances to another low interest rate credit card, just be sure and read the fine print, some times they will charge you a percentage of your balance for transferring.

Avoid claiming bankruptcy if you can, it will screw up your credit rating.

From now on only buy things that you can pay cash for. Bring lunch to work. Sell some of your stuff that you don't want anymore on Ebay, you'd be surprised what others will pay for your junk.

Also do a search in Google for a credit card debt calculator and punch in your data.. You'd be surprised at how much interest you are paying and how long it will take to pay off and it will give you an incentive to stop spending.. .Tracking your spending really helps. Create a budget for yourself.

Answer 4

Consumer Credit Counseling

Answer 5

clarion is a pretty good company, I have used them and they work with you.

Answer 6

They are all crooks, File bankruptcy..