What companies are reliable for getting out of debt, reducing what is owed?
Any experience that anyone has had with reducing the current debt that is owed, and having a reasonable payment plan to getting out of credit card debt?
Public Comments
- Please be sure you do not use any that tell you they will put everything in one payement and that you should have all your debtors only call them. This is a scam and you don't find out until you have more bad marks to your credit score, because you don't know your debts are NOT being paid by them. Make certain to check a company's reliability, thoroughly. Or try a financial advisor or accountant who only guides you, rather than taking over your indebtedness.
- Sometimes consolidating debt doesn't look good on your credit report. But if you have high-interest debt, call & ask for lower rate or transfer balances to a 0% credit card to pay it off. Otherwise, just keep plugging away at it, it'll eventually be paid down. Get another job if possible. Just try not to add more debt to what you have now. And paying the smallest debts first seem to make it go quicker somehow.
- I used this company recently. They give you a free consultation and then you decide if you want to go ahead with their plan. I did, and it worked well. http://51w.us/debtagency
