If you are having difficulty paying your bills each month and need moderate debt relief, credit counseling may be an effective option. A counselor can help you set up a realistic payment plan and negotiate lower rates with your creditors.
Debt Consolidation
People who qualify for debt consolidation loans usually have strong incomes and good credit. If you have many high interest rate debts and are juggling multiple accounts, debt consolidation could help you get out of debt faster.
Debt Settlement
Debt Settlement (often referred to as debt resolution or debt negotiation) can be a great option for people with more serious financial hardships. Your program specialist will negotiate with your creditors to reduce the balance owed.
