Can Free Debt Consolidation Help Me?

Can Free Debt Consolidation Help Me?Can Free Debt Consolidation Help Me?Author: Juliet SadlerAnyone who finds themselves so deeply in debt that they are no longer able to keep up payments to creditors while the fees and interest rates just keep accumulating, is a prime candidate for a non profit debt consolidation service. Some of the people who would benefit from a non profit debt consolidation service find themselves on the verge of foreclosure and/or bankruptcy.When you contact a non profit debt consolidation service, you will be seeking the advice of a Certified Credit Counselor. The counselor will help you design a payment plan tailored to your needs. This service also includes working with your creditors to waive, or reduce fees and interest rates and in some cases they will be able to reduce the debt owed by 50 to 80%. This means a huge savings for you any way you look at it.The objective of a non profit debt consolidation service is to help you save or repair your credit rating and keep you from foreclosure or bankruptcy. The credit counselor knows the rules and policies of your creditors and are able to negotiate the best possible deal with your creditors. You will be able to reduce the amount you are paying to your creditors each month which will lessen your burden and allow you to breathe easier knowing you will not have to struggle so hard to meet your monthly bills.It is important to remember that a non profit debt consolidation service is usually not free.

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29.06.2010


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