Maybe they have worked with debt management companies and found some they liked.
Gather as many referrals as possible, and add these to your list. American Consumer Credit Counseling (ACCC) has compiled these additional tips to help you navigate the complicated maze of choosing a reputable debt consolidation company: A legitimate debt relief agency is open and honest.
Consolidated credit companies are another name for credit counseling agencies.
They advise consumers on budgeting and discuss options available for eliminating debt.
Life can feel overwhelming when you’re saddled with loads of debt from different creditors.
Maybe you carry multiple credit card balances on top of having a high-interest personal loan.
While it’s not as drastic as debt settlement or debt management, debt consolidation has its own pitfalls that you need to be aware of.