If you are struggling to manage your debt but unsure of what steps to take, you can look into solutions offered by loan consolidation companies. Many of these paths negatively affect your credit score, require long-term dedication and obligate you to still pay off the majority of what you owe.
Debt consolidation companies communicate with your debtors to negotiate lower rates on your behalf.
The top performers in our review are National Debt Relief, the Gold Award winner; New Era Debt Solutions, the Silver Award winner; and Accredited Debt Relief, the Bronze Award winner.
Here’s more on choosing a service to meet your needs, along with detail on how we arrived at our ranking of 10 systems.
You may want to apply for a consolidation loan if you’re struggling to make your minimum monthly payments on your credit cards, line of credit or overdraft.
Or, it might make sense to consolidate high interest rate debts into one monthly payment with a lower interest rate.
Our credit advisors will assist in analyzing your current financial situation, providing personalized options based on your goals, and recommending the optimal debt management plan to achieve financial stability.
The debt counseling solutions we provide offer our members long term financial success, as well as short term debt management programs and debt consolidation.Getting help from us is as easy as giving us a call or chatting with us online.We know that it can be hard to ask for help with your debts, so we do everything we can to answer your call quickly, provide you with the information you are looking for and book you a free credit counselling appointment if that’s what you need.Everyone I spoke with was very helpful and made the process simple. I have recommended ACCC as a resource to people I know." - Sarah from AR More Reviews "Thank you to you and your team for helping me get out of debt.I felt like I was drowning in debt and after speaking to your representatives, I was relieved and felt like a weight was lifted.While credit companies are under no obligation to negotiate your payments, the best debt consolidation companies may be able to consolidate your debt to a single, monthly payment or negotiate to lower the total amount of debt that you owe.