There are several avenues to address that issue, but one that seldom is suggested would be to put them in touch with a credit counselor from a
nonprofit debt management agency.
To find the best consolidation program available for you, you can search the internet
for debt management agencies and request from them information about their particular programs.
Even though there are arrays of services, it is always best to get the advice of a
professional debt management agency or consultant to discuss the payment goals you wish to reach through debt management.
Talk to one of our financial advisors that under debt settlement and the long - term alliances we have procured with the credit card banks and
debt management agencies over the years.
The average yield was 7.77 percent, compared with 7.24 percent at the last sale of that maturity on Nov. 28 and the highest yield since June 2009, according to data from
the Debt Management Agency.
Once
the debt management agency is able to arrange a more affordable monthly payment they need you to deposit a certain amount of money every month, which will be disbursed to your unsecured creditors.
If you are really struggling financially and have an unmanageable amount of debt then you should consider contacting
a debt management agency to help you reduce and manage the debt.
Debt management agencies can offer two types of simplification loans.
There are credit repair and
debt management agencies that specialize in helping consumers better manage their debts.
You can either do this on your own or you can employ the help of
a debt management agency.
Mike Sullivan, a personal finance consultant with Take Charge America, a national nonprofit credit counseling and
debt management agency, pointed out that a personal loan also can help your monthly budget.
ACCC is one of
the debt management agencies approved by the U.S. Department of Justice to provide the pre - and post-bankruptcy counseling that's mandated by the current Bankruptcy Code:
American Consumer Credit Counseling is a non-profit financial counseling and
debt management agency that's been helping American individuals and families overcome debt difficulties for more than two decades.