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If you were to ask a debt counselor about the best route to eliminate your debt,

it is very likely that he will tell you to seek out a debt consolidator.

Debt consolidation is an excellent, smooth way to eliminate your debt. If your goal is to consolidate your debt, you have several options.

You could, for instance, utilize a company that specializes in debt counseling.

A company like the one just mentioned will try to negotiate lower interest rates and payments with your creditors.

All of your debts will be consolidated into one payment to them, which they will use to pay off your different creditors.

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Related questions

Are there counselors who provide help with debt consolidation?

There are people who specialize in debt consolotiation. These are refered to as debt counselors.


What does the debt consolidation of Canada look like?

Debt consolidation in Canada is much the same as it would be in the US. Many banks offer debt consolidation loans to persons wishing to get some relief with paying their debts. There are also company's that specialize in debt consolidation that someone could use as a resource.


What are some companies that specialize in interest free debt consolidation in the US?

Some of the best companies that deal with interest free debt consolidation in the United States are the Nation Debt Relief, Curadebt, American Debt Enders, and CareOne.


What businesses offer consolidation debt free services?

Finance and cash loan companies will offer debt consolidation services, along with many banks, credit unions and building societies. Newer companies are now appearing that specialize only in debt consolidation.


What companies specialize in mortgage debt consolidation loans?

Companies like LifeHouse Funding and Reliant Mortgage Company specialize in mortgage debt consolidation loans. Someone seeking such a loan should also talk to their bank, as they may have special rates for customers.


How can one go about consolidation of bad debt?

There are many companies that specialize in debt consolidation, where multiple debts are combined under a lower rate for a longer term. But experts say this doesn't solve the underlying problem.


Reasons to Do an Unsecured Debt Consolidation?

One of the best things a person can do in a tough financial situation is to do an unsecured debt consolidation. Doing this sort of debt consolidation, a person can truly figure out how to organize and manage one's finances. Debt usually becomes a lot less burdensome when a person does an unsecured debt consolidation. There are all sorts of professionals that a person can seek help from in doing an unsecured debt consolidation. Many financial advisors do pro bono services and can provide this sort of financial help to a person that needs it. Lawyers may also be able to help.


What companies specialize in Christian debt services?

Companies that specialize in Christian debt services are Christian Credit Relief, Trinity Credit, Family Life Credit and Christian Credit Consolidation. Another company that provides this service is Family Credit.


Where can someone find free credit card debt consolidation?

Most common banks offer free credit card debt consolidation. Banks such as RBC, TD Canada Trust and the Bank of America offer such services. Additionally, some locations specialize in credit card debt consolidation. Such locations include No More Debt, Credit Aid, Debt-Consolidator and Fondation Dialogue. YouTube offers many videos that give information regarding credit card debt consolidation; the requirements, what is needed to be done and where to find the available services.


Where can one find non-profit credit card consolidation?

One can find non-profit credit card consolidation by visiting the Consumer Credit Website, a company that specialize professionally in credit and debt counseling.


Where can I go to consolidate my student loan debt?

There are quite a few companies that specialize in student debt consolidation services. For more info go to http://businessmajors.about.com/od/payingforschool/tp/TopConsolid.htm


What companies handle Mortgage Refinance Debt Consolidation for individuals and businesses?

Very few companies specialize in debt consolidation for individuals AND businesses, but many companies will handle one or the other. CareOne is one company that works with both and their services are provided in all states except Delaware