Does Debt Consolidation Work?

You hear and see advertisements everyday on how to become debt free and lower your monthly payments and interest rates! The million dollar question is does Debt Consolidation really work? And surprisingly the answer is yes! As long as you work with a reputable company.

So what exactly is Debt Consolidation?
Debt Consolidation is the simple process of enrolling/consolidating all or some of your loans or credit card debts into one low monthly payment. This can help you get out of debt quicker, pay less in interest, and help lower your monthly payments. Now what you need to understand is that there is no magical quick fix when it comes to consolidating your debt.

Here are THREE things you need to know before enrolling into a Debt Consolidation program:

#1 – This is not a do it yourself type of project or an “I’ll read a book and figure it out” type of deal. I love shopping at The Home Depot as much as everyone else but Debt Consolidation is something that takes a professional. Not hiring a professional can end up costing you in the end, big time!

#2 – Debt Consolidation will generally lower your monthly payments but it is important that when you enroll with a Debt Consolidation company that you choose a payment that is affordable and that you can stick with, as that will be your payment for the next 3-5 years.

#3 – Always make sure to hire a company that does not charge Upfront Fees!! If someone is trying to sell you on upfront fees, or monthly fees, don’t just walk in the other direction — RUN!

If you would like to speak with a reputable Debt Consolidation company fill out the form to the right for a free debt consultation. We are a reliable Debt Consolidation company that has an “A” Rating with the Better Business Bureau, will not charge you any upfront fees, and are a member of the American Fair Credit Council (also called the “AFCC”, which is the trade association and watchdog of the debt relief industry), so you can’t go wrong.

Rest assured that by filling out the form you will be partnered with an honest, reliable and audited Debt Consolidation company.