I'm looking for a legit DEBT CONSOLIDATION Company?


Question:
Do any of you have personal experience or know someone who has went through a debt consolidator? The commercials all sound so wonderful, but then you hear about all the lawsuits going on because of some of these companies screwing all their clients and putting them further in debt. I can't afford to chose the wrong one! Any advice would be great. Please provide names and any contact information you may have. THANK YOU!

Answer:
call your local consumer credit counseling agency. most cities and towns have them. they should be able to point you to a reputable firm. these agencies are free from the government and will give you counseling on how to not get into debt trouble again as well.
Make sure that you check any debt consolidation company's record with the Better Business Bureau. If you see an unsatisfactory report or an unusual pattern of complaints, then you should avoid that company.

Sometimes the best option is to meet with an accredited financial counselor that you can visit in person.
I have done this myself. Fortunately, we used our house but in 21 years ALL debt will be gone!! Earlier if we begin to pay an additional 150-200. We were able to save almost 500 per month doing this, plus got out of and ARM.

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Pepper, do u own a home? if you do think about a second mortgage. If you don't, you have a tough fight. There aren't too many banks that will loan you money with out some sort of collateral. I'm no credit agency but, i think you should try hard to just payoff what you owe and never never never get in debt to the point where you cant makes ends meet. Its tough i know. the commercials have ppl using cash as a bother to everyone else. That's crazy! people have to stay out of debt to live. too many ppl are into high. Like me! a tough lesson to learn but believe me I have. Remember one thing, CC companies are evil!!!
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